bond market
Fixed-income trading venue
The bond market is the collective marketplace where debt securities are issued and traded.
Governments and corporations sell bonds to raise money; investors buy them for relatively stable returns.
The bond market reacted sharply to the interest rate announcement.
Bond market movements often signal investor confidence in economic stability—when bond yields rise, it typically reflects inflation concerns or expectations of tighter monetary policy.
Expanding into varied areas
- allocationDistribution of shares
- fixed incomeStable recurring revenue
- institutional investorsOrganizations investing pooled funds
- pension fundsPooled retirement investment vehicles
mutual funds · ETFs · laddering · active management · index funds · asset class · rebalancing · retirement planning
Produce or relinquish
- couponCertificate for reduced price
- interestAttention, stake, or fee
- yield curveRates plotted against maturities
- durationLength of existence
convexity · accrued interest · discount · premium · basis points · benchmark · total return · income
Chief school administrator
- maturityFull growth achieved
- repaymentGiving back what's owed
- amortizationGradual debt reduction schedule
- borrowerOne who takes temporarily
issuer · indenture · covenants · sinking fund · refinancing · rollover · face value · par value
Preset standard option
- credit ratingAssigned measure of borrower reliability
- creditworthinessAbility to repay debts
- downgradeReduce in status
- upgradeRaise to higher standard
interest rate risk · inflation risk · rating agency · S&P · Fitch · investment grade · fallen angel · recovery rate
Convertibility to cash
- bidOffer to purchase
- askSeek an answer
- spreadTo distribute widely
- brokerTransaction intermediary for hire
dealer · settlement · clearinghouse · volume · execution · order book · auction · underwriting
Funds or storage repositories
- municipalsLocal government bonds
- corporatesLarge commercial enterprises
- sovereignSupreme in power
- junk bondsLow-rated corporate securities
gilts · debenture · convertibles · callable · zero-coupon · investment-grade · high-yield · inflation-linked
diversification
Expanding into varied areas
- allocationDistribution of shares
- fixed incomeStable recurring revenue
- institutional investorsOrganizations investing pooled funds
pension funds · mutual funds · ETFs · laddering · active management · index funds · asset class · rebalancing · retirement planning
yield
Produce or relinquish
- couponCertificate for reduced price
- interestAttention, stake, or fee
- yield curveRates plotted against maturities
duration · convexity · accrued interest · discount · premium · basis points · benchmark · total return · income · reinvestment
principal
Chief school administrator
- maturityFull growth achieved
- repaymentGiving back what's owed
- amortizationGradual debt reduction schedule
borrower · issuer · indenture · covenants · sinking fund · refinancing · rollover · face value · par value · redemption
default
Preset standard option
- credit ratingAssigned measure of borrower reliability
- creditworthinessAbility to repay debts
- downgradeReduce in status
upgrade · interest rate risk · inflation risk · rating agency · S&P · Fitch · investment grade · fallen angel · recovery rate
liquidity
Convertibility to cash
broker · dealer · settlement · clearinghouse · volume · execution · order book · auction · underwriting · syndicate
treasuries
Funds or storage repositories
- municipalsLocal government bonds
- corporatesLarge commercial enterprises
- sovereignSupreme in power
junk bonds · gilts · debenture · convertibles · callable · zero-coupon · investment-grade · high-yield · inflation-linked · green bonds
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- Wall Streetstocks, shares, Wall Street, NYSE, Dow
- bondscorporate bonds, municipal bonds, treasury bonds, savings bonds, junk bonds
- Exchange Systemsbarter, currency, money, commodity exchange, trade
- economic historyIndustrial Revolution, trade routes, Great Depression, gold standard, Silk Road
- investingstocks, stock, bonds, investing, investor
bond marketstock market
Securities trading venue
equity market · equities · stock exchange · commodity market · futures market
bond marketpenny stocks
Very low-priced shares
meme stocks · venture capital · options market · futures market · growth stocks
bond marketblack market
Illicit trading system
shadow banking · peer-to-peer lending · loan sharking · underground economy · barter economy
market, bond, bound, binding, bonded, bonding, unbind, bondage, bondsman