relationship between interest rates and bond prices
{"Image DocumentName": "Relationship between price and interest rate on a 3-year,  10,000 option-free par value bond that pays  270 in semiannual interest", "Image ImageDescription": "For a given absolute change in interest rates, the percentage increase in a bond\u2019s price will exceed the percentage decrease. 10, , , Interest Rate %  \u2019s. D = +  D = -  This asymmetric price relationship is due to the convex shape of the curve-- plotting the price interest rate relationship. Bond Prices Change Asymmetrically to Rising and Falling Rates.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}