Personal finance learning tool

Bond Price Change from Duration Calculator

Estimate a bond price change from modified duration and a market-yield movement.

Runs locally

Inputs and results stay in this browser. Currency symbols are illustrative; use any consistent currency.

Estimated bond price$952.00
Estimated price change-4.8%
Estimated value change-$48.00

Understand Bond Price Change from Duration

One idea, three depths

Choose how deeply to explain Bond Price Change from Duration

Bond Price Change from Duration: Estimate a bond price change from modified duration and a market-yield movement.

Age 5Explain it to a 5-year-oldStart with a picture

Imagine using Bond Price Change from Duration to answer this question: estimate a bond price change from modified duration and a market-yield movement? Enter Current bond price, Modified duration, Yield change; the calculator shows Estimated bond price. Try changing one number and watch what happens to Estimated bond price. The answer tells you Estimated bond price.

Age 15Explain it to a 15-year-oldConnect it to the formula

The duration estimate is most useful for small, parallel yield movements and excludes convexity. The rule is Estimated percentage price change = −modified duration × yield change. Its input values are Current bond price, Modified duration, Yield change (%), and the main result is Estimated bond price. Try changing one number and watch what happens to Estimated bond price.

CollegeExplain it at college levelState the model precisely

This calculator evaluates a personal-finance model from stated cash amounts, rates and time assumptions. The implemented relation is Estimated percentage price change = −modified duration × yield change, evaluated from Current bond price, Modified duration, Yield change (%) to produce Estimated bond price. The duration estimate is most useful for small, parallel yield movements and excludes convexity. The result cannot predict markets or include unentered taxes, fees, legal rules, benefits, insurance terms or personal circumstances. Verify material decisions against current documents.

What this personal finance tool does

Estimate a bond price change from modified duration and a market-yield movement.

Why the relationship works

The duration estimate is most useful for small, parallel yield movements and excludes convexity.

The formula

Estimated percentage price change = −modified duration × yield change

Inputs and time periods

This model uses Current bond price, Modified duration, Yield change. Keep currencies and time periods consistent, and distinguish current known amounts from assumptions about future rates.

What the result means

The primary output is Estimated bond price; supporting outputs include Estimated price change, Estimated value change. Compare scenarios by changing one input at a time.

Limits of this compact model

This educational calculator cannot predict markets or account for every tax, fee, legal rule, benefit, insurance policy or personal circumstance. Verify material decisions with current documents and qualified advice.

Supporting sourcesAcademic referencesPrimary standards, textbooks and complete citations

Standards, reading and academic references

Use the calculator as the worked interaction, then consult the primary standards and academic textbooks listed below. MW SysArc links to the original sources; the explanation on this page is original and does not reproduce them.

Principles of Finance

Read the free OpenStax finance textbook
Cite this book
APA 7
Dahlquist, J., & Knight, R. (2022). Principles of finance. OpenStax. https://openstax.org/books/principles-finance/pages/1-why-it-matters
MLA 9
Dahlquist, Julie, and Rainford Knight. Principles of Finance. OpenStax, 2022, https://openstax.org/books/principles-finance/pages/1-why-it-matters.
Chicago author-date
Dahlquist, Julie, and Rainford Knight. 2022. Principles of Finance. Houston, TX: OpenStax. https://openstax.org/books/principles-finance/pages/1-why-it-matters.

OpenStax entries are free to read online. Follow the licence shown on each linked source before redistributing or adapting its content.

Reuse the page responsiblyCite this pageAPA, MLA, Chicago, Harvard, BibTeX and RIS

These formats cite this calculator page itself. They are separate from the academic references above, which support the mathematical method and terminology.

APA 7

MW SysArc. (2026, July 21). Bond Price Change from Duration Calculator. MW SysArc Tools. https://finance.mwsysarc.com/bond-price-change-from-duration

MLA 9

MW SysArc. “Bond Price Change from Duration Calculator.” MW SysArc Tools, 21 July 2026, https://finance.mwsysarc.com/bond-price-change-from-duration. Accessed 31 Aug. 2026.

Chicago 17

MW SysArc. “Bond Price Change from Duration Calculator.” MW SysArc Tools. Published July 21, 2026. Accessed August 31, 2026. https://finance.mwsysarc.com/bond-price-change-from-duration.

Harvard

MW SysArc (2026) ‘Bond Price Change from Duration Calculator’, MW SysArc Tools. Published 21 July 2026. Available at: https://finance.mwsysarc.com/bond-price-change-from-duration (Accessed: 31 August 2026).

BibTeX and RIS records

BibTeX

@misc{mwsysarc_bond_price_change_duration_2026,
  author = {{MW SysArc}},
  title = {Bond Price Change from Duration Calculator},
  howpublished = {MW SysArc Tools},
  year = {2026},
  url = {https://finance.mwsysarc.com/bond-price-change-from-duration},
  note = {Published July 21, 2026; accessed August 31, 2026}
}

RIS

TY  - ELEC
AU  - MW SysArc
TI  - Bond Price Change from Duration Calculator
T2  - MW SysArc Tools
PY  - 2026
DA  - 2026-07-21
Y2  - 2026-08-31
UR  - https://finance.mwsysarc.com/bond-price-change-from-duration
N1  - Published July 21, 2026
ER  -

Clear answers

Frequently asked questions

What does the Bond Price Change from Duration do?

Estimate a bond price change from modified duration and a market-yield movement.

How does the Bond Price Change from Duration work?

The calculator applies Estimated percentage price change = −modified duration × yield change. The duration estimate is most useful for small, parallel yield movements and excludes convexity.

What can I learn from the Bond Price Change from Duration?

You will connect Current bond price, Modified duration, Yield change to Estimated bond price, then test how changing one assumption affects the financial decision.

Does MW SysArc receive or store what I enter?

No. The calculation runs locally in your browser. MW SysArc does not receive or store your calculation inputs.

How should I use the result?

Use the result as a planning reference, and review how income, expenses, irregular payments, rates and time periods were classified before making decisions.

Last reviewed . Calculations tested .

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