Overview
Interest rates and bond prices are fundamental concepts in finance that are closely linked. Understanding their inverse relationship is crucial for investors, as changes in interest rates can significantly impact the value of bonds. When interest rates rise, existing bonds with lower rates become le...
Key Terms
Example: Government bonds are issued to fund public projects.
Example: A mortgage might have an interest rate of 3%.
Example: A bond with a face value of $1,000 and a coupon payment of $50 has a yield of 5%.
Example: A bond with a 4% coupon rate pays $40 annually.
Example: A 10-year bond matures in 2033.
Example: Market interest rates can fluctuate based on economic conditions.