Its full definition is actually a little more technical ... eroding the value of the bond. Economic price increases, known as inflation, cause the value of the bonds to deteriorate.
She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area. The term “municipal bond” refers to a ...
Yardeni has continued to comment on bond vigilantes in the decades since he coined the phrase, arguing that their actions help maintain economic stability by pressuring governments toward more ...
A callable bond may be redeemed by its issuer before it reaches maturity. Bonds are essentially loans from investors to companies or governments that must be paid back with interest. The issuer of ...