Trading in the equity market

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What innovations account for the rapid growth in the variety of fixed-income instruments over the last 50 years?

Aside from changes in the general level of interest rates, what is the primary source of risk faced by holders of mortgage-backed securities (MBS)? How does this affect the duration and convexity of these securities?

How does trading in the bond market differ from trading in the equity market?

Reference no: EM133060681

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