Year: 2019

 

Bonds – what they are and their importance

There is much confusion out there about what bonds are. I’ve seen so-called experts get it wrong, and then mislead people. The recent importance of the ‘bond market’ has come about as there is talk about an ‘inverted yield curve’. Not much will be said about that. In this post I focus on the basics. What is a bond? Quite simply a bond is a loan. Somebody lends somebody money. It’s that basic. When youRead More