When a yield curve has a parallel shift, you can use effective duration, but key rate duration must be used when the yield curve moves in a non-parallel manner, to estimate portfolio value changes.

Long Rates Follow Short Rates The Treasury yield curve can change in various ways. It can move up or down (a parallel shift) Become flatter or steeper (a shift in slope) Become more or less humped ...

If the yield for a one-year bond near the front end of the curve goes up by 100 basis points, for example, a parallel shift would move up the yield for the same issuer’s 30-year bond ...

This has fueled bets on a steeper yield curve — particularly the widening ... DoubleLine have benefited from positioning for such a shift, favoring trades that bet on further steepening.

TOKYO, Feb 1 (Reuters) - Yield curve steepened on Tuesday amid speculations the Bank of Japan could shift its yield curve control target from the 10-year to shorter-ended notes. The 30-year JGB ...

The part of the Treasury yield curve that plots two-year and 10-year yields has been continuously inverted - meaning that short-term bonds yield more than longer ones - since early July 2022.

Euro zone government bond yields steadied on Thursday, and the German yield curve was at its flattest ... central bank has experienced a significant shift in its reaction function," ING analysts ...