Most major apps (Fidelity, Schwab, Vanguard) let you buy individual corporate or municipal bonds.
Issued by states or cities to fund public projects like schools or highways. A major perk is that the interest is often tax-free at the federal level. buying bonds for beginners
If you hold a bond paying 3% and new bonds start coming out at 5%, your 3% bond is less "valuable" to others, so its market price drops. Most major apps (Fidelity, Schwab, Vanguard) let you
You lend to a private company. These typically pay higher interest than government bonds because there is a higher risk the company could go bust. 3. The Inverse Relationship: Price vs. Yield Most major apps (Fidelity