This is because you can exit your position at any time during standard market hours. At the other end of the spectrum, fixed-rate bonds usually lock you in for a set period of time. For example, if you purchase corporate bonds with a 5-year maturity, you might find it difficult to of...
This is because you can exit your position at any time during standard market hours. At the other end of the spectrum, fixed-rate bonds usually lock you in for a set period of time. For example, if you purchase corporate bonds with a 5-year maturity, you might find it difficult to of...