Not exact matches
For that reason,
bond markets, particularly those for
corporate issues, tend to rely
on market - makers,
typically banks or securities firms.
Floating - rate loans have yields and volatility similar to high - yield
corporate bonds, with one major difference: As their name indicates, their interest rates «float,» adjusting periodically based
on a benchmark rate,
typically the London Interbank Offered Rate (LIBOR).
On the other hand, companies can come and go, so
corporate bonds typically offer greater returns with greater risk.
Rates
on loans
typically reset every 90 days, implying a duration of 0.25 versus a current effective duration of 4.18
on the S&P U.S High Yield
Corporate Bond Index.
the relationship between interest rates and time, determined by plotting the yields of all or as many
bonds of similar credit quality (eg: Treasuries or AA - rated
Corporates), against their maturities; yield curves
typically slope upward since longer maturities normally have higher yields, although it can be flat or even inverted; the Fixed Income Search Results Scattergraph shows several smoothed yield curves for different fixed - income product types and credit qualities; these are based
on bonds that Fidelity recognizes and are not equal to the entire universe of
bonds, which is significantly larger than the number of
bonds offered by Fidelity
on any given day
In reference to debt securities, a type of auction when a competitive bidding process establishes the interest rate
on a security (
typically municipal or
corporate bond).