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Markets & Instruments

DV01

The dollar change in a bond or portfolio's value for a one-basis-point move in yield — 'dollar value of an 01'. Traders use it to size and hedge interest-rate risk in cash terms rather than percentages.

Where this is taught

Definitions are the trailer. These free levels turn DV01 into something you play — one bite-size lesson, with worked examples, a quiz and XP.

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