Summary Bonds are debt instruments, which mean that they are interest rate sensitive. They are another way to make money in the markets. The buyer of the bond expects to receive repayment of his principal with interest. When interest rates move up, bond prices move down. In addition, there...
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"If I had $10 in my pocket, I could come home with a stack of records this big," he said, holding his hands about two feet apart. Today, however, Holley can afford to buy new records, given how well his company is doing. He's the founder of Cleveland- based Well Made Music, ...