Bond Market Basics
What’s a bond’s yield to next refinance?
Apr 9,24Understanding Bond’s Yield to Next Refinance The Basics: Bonds and Bond Yield First and foremost, let’s lay some groundwork by defining the basic terms. A bond is a type of debt security, similar to an IOU, that organizations like governments, municipalities, and corporations issue to raise money. When you buy a bond, you are effectively …
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