This chapter discusses bonds and the bond market. It covers various types of bonds including Treasury bonds, municipal bonds, and corporate bonds. It also examines how bond yields are calculated, how to value coupon bonds, and that bonds are a popular long-term investment alternative to stocks, with the bond market issuing over 5 times as much new debt as new equity annually. The purpose of capital markets is to provide long-term financing, with governments and corporations issuing securities that are purchased by investors.

1. Chapter 10 The Bond Market

9. Types of Bonds: Sample Corporate Bond

11. Treasury Notes and Bonds

14. Treasury Bond Interest Rates

15. Treasury Bond Interest Rates: Bills vs. Bonds

22. Municipal Bonds: Comparing Revenue and General Obligation Bonds

26. Corporate Bonds: Interest Rates

32. Corporate Bonds: Debt Ratings

37. Finding the Value of Coupon Bonds

42. Investing in Bonds