Hoarseness, an abnormal change in your voice, is a common condition thatâs often experienced in conjunction with a dry or scratchy throat. If your voice is hoarse, you may have a raspy, weak, or airy quality to your voice that prevents you from making smooth vocal sounds.
One way to minimize interest rate risk is to buy short-term bonds that take less time to mature. It's less painful to be stuck with a low-paying bond for five years than a low paying bond for 20 or 30 years. Another way to minimize risk is to hold the bond until maturity.
Duration is useful in measuring a bond fund's sensitivity to changes in interest rates. The longer the duration, the more a bond fund's price will fluctuate when interest rates change.To estimate how a change in interest rates can affect the share price of a bond fund, multiply the fund's duration by the change in rates.If a fund's average duration is 2.5 years, a 1-percentage-point rise in interest rates would lead to an estimated 2.5% decline in the share price.A 1-percentage-point decline in rates would cause an estimated 2.5% rise in the share price.uration is useful in measuring a bond fund's sensitivity to changes in interest rates. The longer the duration, the more a bond fund's price will fluctuate when interest rates change.