Bonds and other debt securities uniquely have both a price and a yield/interest rate (unlike, for example, equities, commodities, and currencies which only have a price). When investing in equity/a commodity/a currency, the goal is to buy at a low price and hold the asset, hoping its value will appreciate as much as possible. But with bonds, is there a clear goal the investor has since the investor is juggling the price and yield of the bond (which are, of course, inversely related)? If so, what is the goal?
Submitted June 28, 2021 at 08:43AM by treboy123 https://ift.tt/3dmpcNC
