This was corrected above, but for those who are interested: For bonds, yield and price are inversely related. Buying a bond means you are lending money now, in return for more money later. The amount you get later is…
This was corrected above, but for those who are interested: For bonds, yield and price are inversely related. Buying a bond means you are lending money now, in return for more money later. The amount you get later is…