Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

This note follows on from Bond Basics: Part 1 covering ‘growth’ versus ‘survivability’, capital structure and credit ratings along with Bond Basics: Part 2 on interest rates and three types of bonds.

When professional investors discuss the credit market, a term that often arises is duration, which is used to measure the sensitivity of a bond’s trading price to changes in interest rates ...

A bond yield is a measure of the return that an investor will receive on their capital. There are different ways to define it ...