The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant.

Name: The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low-coupon bonds, other things held constant.
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This is because high-coupon bonds produce higher cash flows which can offset the impact of rising interest rates, making them less sensitive to interest rate changes.

The Prices of High-Coupon Bonds Tend to Be Less Sensitive