With exception of zero coupon bonds, a bond's duration is always shorter than its time to maturity.

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Duration measures the sensitivity of a bond's price to changes in interest rates, incorporating both the time to maturity and the present value of cash flows (coupon payments). Except for zero coupon bonds, where duration equals time to maturity since there are no interim cash flows, a bond's duration is always shorter than its time to maturity because it accounts for the fact that some cash flows are received before maturity.

With Exception of Zero Coupon Bonds, a Bond's Duration Is