Duration Mismatch In Code
Yes, this is an article about software engineering. No, I am not talking about the Silicon Valley Bank failure… Or am I? Duration mismatch is the difference in time to maturity between a company’s assets and liabilities. (Also note the adjacent concepts of duration risk and duration gap if you’re the sort who wants to dig deeper.) We already use the financial analogy of tech debt in software. It seems only reasonable we might want…