What is a Credit Spread?
A credit spread refers to the difference in yield between two bonds that are exactly the same but carry a different interest rate.
A credit spread refers to the difference in yield between two bonds that are exactly the same but carry a different interest rate.
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While a callable bond comes with a maturity date, the issuer can actually recall the bond before that date.
If you’re looking for a fund with transparent pricing and potential for higher yields, a closed-end mutual fund might be the best approach.
Personal financial planning is a strategy by which you can achieve your financial goals. With that, let’s get started.
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