Bonds

Both corporations and governments can borrow money by selling bonds. This tutorial explains how this works and how bond prices relate to interest rates. In general, understanding this not only helps you with your own investing, but gives you a lens on the entire global economy.

Corporate debt versus traditional mortgages

Introduction to bonds

Introduction to the yield curve

Relationship between bond prices and interest rates

Treasury bond prices and yields

Annual interest varying with debt maturity

The yield curve