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One way to measure a bond's volatility is to track its spread against another bond. Basically, you will need to compare the bond's performance over time to a relatively stable bond. The most stable bonds are US Government Bonds. Start with a federal bond and track interest rate over a time period of 1 to 5 years.
Another way to measure volatility is to take the average range for each period, from the low price value to the high price value. This range is then expressed as a percentage of the beginning of the period. Larger movements in price creating a higher price range result in higher volatility.