Explainers
Sometimes I'm not sure I understand something completely, so I write it out. Read at your own risk.
Bondsstart at the top
- What Are Bonds? A Beginner's GuideA bond is a loan dressed up as an investment. What that means, some terminology worth knowing, and why bond prices move.
- Bond DurationDuration estimates how much a bond's price moves when interest rates do. This post shows how this is measured and what the impact can be.
- A Field Guide to U.S. Treasury SecuritiesBills, notes, bonds, TIPS, FRNs, I Bonds, EE Bonds. Same borrower, different terms. What each one actually is and how to tell them apart.