CEU stands for Continuing Education Unit. A CEU is a unit of credit equal to ten hours of participation in an. accredited program designed for professionals with certificates or licenses to practice various professions . Examples of people who need CEUs include engineers, lawyers, CPAs, educators, nurses, architects, mental.
Investors can use duration to help estimate how a bond or bond fund's value would be affected by a change in interest rates. For example, a bond with a duration of 5 years would be expected to rise 5% in value for every 1-percentage-point decline in interest rates (remember that interest rates and bond prices move in opposite directions). If interest rates go up by one percentage point, the bond's value would be expected to drop 5%.
10-Year Bond Vs. 6-Month Bond. *A simultaneous change in interest rates across the bond yield curve. This hypothetical example is an approximation that ignores the impact of convexity; we assume the duration for the six-month bonds and 10-year bonds in this example to be 0.38 and 8.87, respectively.