I'm reading the yield on bonds goes up when interest rates go up because people sell the bonds as they're interest rate is less than the latest bonds.
So am I right in saying it's a good time to buy bonds when an increase in interest rates is announced?
Should you wait until the interest rate is "high" before buying them? What is a "high" interest rate?
Now would be a bad time to buy bonds right?
And also let's say interest does rise but you have bought a bond, is that such a terrible thing? You're still getting a % gain right?
Submitted September 07, 2018 at 04:34AM by PM_sweaty_socks https://ift.tt/2NoYFUh