Bond markets: yield, price and duration

A bond represents a debt obligation. Its price and yield generally move in opposite directions as market rates and perceived credit risk change.

What to look for

Maturity, coupon, credit quality and duration all affect the comparison between bonds. A yield alone does not describe the full range of risks, and fund duration can change over time.

Market coverage and data availability vary by instrument and exchange. This article is educational and does not constitute investment advice.