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Duration is an approximate measure of a bond's price sensitivity to changes in interest rates. If a bond has a duration of 6 years, for example, its price will rise about 6% if its yield drops by a percentage point (100 basis points), and its price will fall by about 6% if its yield rises by that amount.
Frequency refers to the number of times a behavior occurs during a particular time period. Duration refers to how long a particular behavior lasts. Latency refers to how much time passes between a prompt of some kind and the occurrence of the behavior. Intensity refers to the force with which a behavior occurs.aseball (and other sports) fans seem to be obsessed with measuring behavior of all types. They measure the frequency of many things including the number of pitches thrown, number of strikes, balls, singles, doubles, home runs, wins, and loses.