3 ms·
In general demand is higher for bonds as their prices fall. They are both cheaper and paying better rates. This is econ 101.
by A2017U1 8y ago
In general demand is higher for bonds as their prices fall. They are both cheaper and paying better rates.
This is econ 101.
- wahern 8y agoThe rates are better for newly issued bonds. Existing bonds become devalued. The point (IIUC) is that unwinding is a tricky proposition and dependent on the mix of maturities.