Newcastle Investors sold the tract for $39M after winning entitlements for a multifamily development four years ago.

Shadow convexity reinforces the dominant trend in a hidden non-linear way and effects all participants. The ultimate non-market example of shadow short convexity is the failure of communism and ...

Chicago-based investor Newcastle has sold the property at 1120 and 1130 N. State St. in the Gold Coast to Convexity Properties, DRW's development arm.

Shares MBS ETF's higher duration exposure may benefit in a rate-cutting environment. Read here for an investment analysis of ...

When CVOL convexity increases, it is worth considering what this may indicate about market sentiment. Whether in response to a surge in U.S. Treasury Yield Futures, a sudden uptick in British ...

Convexity is a second-order measure of a bond’s expected price performance.  The chart below shows the durations of two different bonds.  One is a fixed-cash-flow bond (such as a ...

Convexity and duration To understand convexity, we need to look at what is meant by bond duration – the average time it takes to receive back the cash flows of a bond. It is a useful concept in bond ...

How to Calculate Convexity of a Bond. For fixed-income investments, such as bonds, it is important to measure the sensitivity of the bond's price to movements in the interest rate. This helps ...

Convexity isn't fixed, and it also isn't linear, so in some cases, a bond's secondary market price may move very dramatically; in others, it might not respond as quickly.

It turns out that all tax-exempt munis exhibit negative convexity near par, even if they are not callable. The driver of this phenomenon is the so-called de minimis tax effect.