Bonds are an essential part of your portfolio: learning about the different bond types and their features makes good financial sense.
First of all, you shouldn’t confuse the financial term ... that tells us how much a bond’s price might change if interest rates fluctuate. Its full definition is actually a little more ...
Municipal bonds are debt instruments issued by local governments to finance the needs of a community, such as the building of a community center or park. They offer investors a low-risk investment ...