Understanding duration as a gauge of bond risk
A columnist explains duration as a measure of bond price sensitivity to interest rate moves. Duration predicts how much a fund may fall when rates rise, and highlights that brokers and sponsors often provide duration data upon request. Readers are urged to check their funds' duration with their broker.
MENTIONED IN THIS ARTICLE
Susan Bondy
Cedar Rapids
P.O
Benson
Minn
Minnesota
Johnson
University of Minnesota
Princeton
Walter Mondale
Mondale
Carter
Ronald Reagan
Washington
Richard Holbrooke
Public Strategies
Shearson Lehman Brothers
Holbrooke
Richard S. Fuld Jr
Lehman Brothers
Shearson
Fuld
Maxine Isaacs
Harvard University
Kennedy School of Government
Congress
Schosbert
Money fund yields edge up on week
The seven day average yield on money market funds rose to 4.83 percent, with 30 day yields near 4.84 percent. Bank Rate Monitor reports steady annual yields for money market accounts and CDs, while total retail money fund assets declined to 612.94 billion dollars across 650 funds.
MENTIONED IN THIS ARTICLE
New York
IBC
Money Fund Report
Ashland
Mass
IBC Financial Data Inc
Money Funds
Newsletter Bank Rate Monitor
Savings and Loan Associations
Bank Rate Monitor
Investment Company Institute
Mutual Fund
Johnson guides Fannie Mae through partisan fire
Fannie Mae with CEO James Johnson battles GOP proposals from a special tax to stripping subsidies. Johnson draws strength from Wall Street and Washington ties while promoting a new book on home ownership and serving on multiple boards.
MENTIONED IN THIS ARTICLE
Ashington
Congress
Fannie Mae
James Johnson
Wall Street
Washington
Johnson
Carter White House
Shearson Lehman Brothers
John F. Kennedy Center For
America
Jim Johnson
Diane Casey
Grant Thornton
Independent Bankers Association of America
Mondale
White House
U.S. Senate
Federal National Mortgage Association
U.S. Treasury
Freddie Mae
Savings and Loan Insurance Fund
Steve Forbes
John Buckley
Republican National Committee
Jack Kemp
Robert Zoellick
Bush
Paul Schosbert
Community Bankers
S&l
Money Mechanics newsletter helps Iowa families manage finances
Iowa State University Extension offers Money Mechanics a 12 part series on money management from credit to budgeting. Weekly mail newsletters include worksheets and tips for organizing records setting goals and filing taxes. Sign up by Jan. 31 for $7 via local extension office or Extension Distribution Center Ames IA. First issue arrives Feb. 12 week.
MENTIONED IN THIS ARTICLE
Pat Gorman
Iowa State University Extension
Buchanan County
ISU Extension
Printing and Publications
Iowa State University
Ames
Iowa
ISU
NYSE Hits 1996 Highs With Growing Listings and Value
The New York Stock Exchange saw a strong 1996 surge before December. Listed companies rose over 7 percent from 2,675 at year end 1995 to 2,866 by November. Market capitalization jumped 23 percent.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
NYSE
Also Mentioned on This Page
Bondy
Welter
Ofice Purnitu
AP Photo Federal National Mortgage Association
Money Management Series
Quicken
Microsoft Money
FDIC
Ely
Konica
Crepc
6Th St. S.W
Federal Home Loan Mortgage Corp
Federal Home Loansinter Corp
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