g5000
Diamond Member
- Nov 26, 2011
- 125,256
- 68,971
- Thread starter
- #41
Bonds are more and more expensive as interest rates drop.
Bonds are cheaper as interest rates rise.
So if you bought a bond when interest rates were low, and then interest rates rise, your bond is now underwater, just like the housing market in the Great Recession.
Bonds are cheaper as interest rates rise.
So if you bought a bond when interest rates were low, and then interest rates rise, your bond is now underwater, just like the housing market in the Great Recession.