EPISODE · Apr 15, 2026 · 3 MIN
[Series 65] 22, Bond Pricing Yields and Duration
from Open Exam Prep
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The fundamental inverse relationship between bond prices and interest rates. - How to identify the correct order of yields (Nominal, Current, YTM, YTC) for both premium and discount bonds. - That duration, not maturity, is the key measure of a bond's price sensitivity to interest rate changes. - How to spot the most volatile bond by looking for the longest maturity and lowest coupon. - The common exam trap of identifying the 'yield to worst' for callable bonds trading at a premium (YTC) or discount (YTM). For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep
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[Series 65] 22, Bond Pricing Yields and Duration
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