Fixed income

Introduction to Fixed Income Investing

Fixed income is another term for the bond market. The bond market is critical in establishing the price of borrowing and lending.....
Governments historically used to raise money for only a few outlays, such as spending on war and justice. For example, the........
A government bond is a type of debt security issued by the government to fund its spending and obligations. The Importance........
A bond, like an IOU, is a debt commitment. Investors that purchase corporate bonds are making a loan to the firm that is issuing........
A debenture is a medium- to long-term loan instrument used by major corporations to borrow money at a set interest rate.
Investment grade refers to bonds rated Baa3/BBB- or better. High-yield (also referred to as "non-investment-grade" or "junk" bonds).........
Zero-coupon bonds, which are also known as discount bonds, are bonds that are purchased at a discounted price and do not pay .................
Junk bonds have a higher default risk than most corporate and government obligations. A bond is a commitment or debt to pay...