DURATION function

#duration - PowerQuery M duration Duration is an imperfect way of measuring a bond's price change, as it indicates that this change is linear in nature when in fact it exhibits a sloped or “ duration The duration of a bond is a linear approximation of minus the percent change in its price given a 100 basis point change in interest rates

duration You'd be forgiven for thinking that duration refers to the length of bond In fact, duration measures the sensitivity of a bond, or a portfolio of bonds,