seesaw analogy for rates and prices
When interest rates go up, the price of a bond goes down, and when rates go down, the price goes up, kind of like opposite ends of a seesaw. This happens because older bonds paying lower interest become less attractive when newer ones pay more.
A definition says what a thing is; it never says whether it fits you. The guides explain how it works and name the professional who confirms it for a particular person. The No Advice Disclosure.
Ask about seesaw analogy for rates and prices
A model reads this page and answers from it. It will say when the answer is not on the page. Education, not personalized advice.