{"id":165817,"date":"2022-05-06T15:48:37","date_gmt":"2022-05-06T15:48:37","guid":{"rendered":"https:\/\/theotcspace.com\/knowledge_item\/positive-convexity\/"},"modified":"2022-05-06T15:48:39","modified_gmt":"2022-05-06T15:48:39","slug":"positive-convexity","status":"publish","type":"knowledge_item","link":"https:\/\/theotcspace.com\/knowledge_item\/positive-convexity\/","title":{"rendered":"Positive Convexity"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"<p>A measure of the degree of curvature between bond prices and bond yields when the bond?s price increases at least as much as the duration when interest rate drop and decreases less than duration when interest rates rise. Duration changes in the opposite direction of interest rates if the convexity is positive.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"knowledge_category":[4258],"acf":[],"_links":{"self":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item\/165817"}],"collection":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_item"}],"about":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/types\/knowledge_item"}],"wp:attachment":[{"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/media?parent=165817"}],"wp:term":[{"taxonomy":"knowledge_category","embeddable":true,"href":"https:\/\/theotcspace.com\/wp-json\/wp\/v2\/knowledge_category?post=165817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}