For the same change in yield, capital gains from a fixed-income debt security (such as a bond) will be smaller than capital losses.

Name: For the same change in yield, capital gains from a fixed-income debt security (such as a bond) will be smaller than capital losses.
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Capital gains and losses from a fixed-income security are symmetrical for the same change in yield, meaning they are equal in magnitude but opposite in direction.

For the Same Change in Yield, Capital Gains from a Fixed-Income