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For First Responders · Yield-Curve Trading

Yield-Curve Trading for an annuity

Built for first responders planning or training for real incidents. Run fast what-if scenarios for response planning and training — no software to install in the field. Simulate an annuity live below — adjust the inputs and watch it respond, right in your browser.

Bond Pricing & DurationLive

Controls

Presets

A bond's price is the present value of its coupons and face value, discounted at the yield. Price moves inversely to yield along a convex curve. Duration measures that sensitivity — a modified duration of 8 means roughly an 8% price drop per 1% rise in yield. Educational tool, not investment advice.

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Data Inspector

Price$1081.76
Premium/discountpremium
Macaulay duration8.08 yr
Modified duration7.92

Governing equation

Reading this result: The coupon beats the 4.0% yield, so the bond sells at a premium — about 8.2% over par — and its 7.9 modified duration is the % price drop per +1% yield.

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Frequently asked questions

Is this good for first responders?
Yes — this version of "Yield-Curve Trading for an annuity" is framed for first responders planning or training for real incidents. Run fast what-if scenarios for response planning and training — no software to install in the field.
Do I need to install anything?
No. It runs in any modern browser, free, with no account required.