Bond duration

TwentyFour

Financial Literacy

Watch 4 min

14 Oct 2025

Duration is often said to measure a bond’s sensitivity to changes in interest rates, because it describes what is likely to happen to a bond’s price for a given change in the bond’s yield.

For fixed income investors, duration is a crucial metric for understanding how exposed your portfolio may be to changes in monetary policy.

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About the author

Gordon Shannon

Gordon Shannon

Partner, Co-Head of Investment Grade

About the author

Gordon Shannon

Gordon Shannon

Partner, Co-Head of Investment Grade

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Based in London and New York, TwentyFour is a specialist active fixed income manager with a strong reputation for performance, expertise and innovation. Offering Multi-Sector, Investment Grade, Asset-Backed Securities and Sustainable strategies, TwentyFour targets the best risk-adjusted returns from across the global bond markets.

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