Find all episodes of Planet Money Summer School here.
A few years back, Cardiff asked for an unusual Christmas present: a junk bond...
Parallel to the stock market, the bond market offers different levels of risk and reward. In this class, we bring you Bonds 101. We find out what a bond actually is, how it differs from a stock, and how bonds help companies grow.
We also find out what happened to Cardiff's junk bond.
Vocab Words:
- Default risk
- Inflation risk
- Interest Rate Risk
Music: "Polar Chill," "The Funky Lowdown," "Selfie Squad," "Cash Money," and "We Don't Care."
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https://www.npr.org/2021/08/12/1027086991/planet-money-summer-school-4-bonds-becky-with-the-good-yield
2021-08-18 23:44:53Z
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