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You've probably heard the term "interest rate risk" thrown around in financial circles, but what does it actually mean? Well, buckle up, because we're about to take a wild ride through the world of interest rates and how they can impact your investments.
Are you tired of playing it safe with your investments? Do you want to unleash your inner bond trader and start making some serious returns? Well, buckle up, because today we're diving into the world of Yield to Maturity (YTM) – the metric that separates the bond trading rookies from the seasoned pros.