Why would an investor accept lower interest rates for a longer term bond? Doesn't make sense to me, because shorter term bonds would be less risk and higher interest rate. Investor should notice this immediately and buy short term bonds until price goes up and interest rate therefore down. But this doesn't happen immediately. Why not?
Submitted September 12, 2022 at 01:36AM by not_a_nazi_actually https://ift.tt/nylxDKC
