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You lend money, they promise to pay it backwith politeness fees called interest.

means A loan you give to a government or company, repaid over time with regular interest, traded like any other asset.

from From Old English bond, a binding or fetterthe same root as bind, because a bond legally ties the borrower to the promise of repayment.

Bond vigilantesTraders who punish reckless governments by dumping their debt.
Inverse ruleBond prices fall when interest rates rise.
Junk gradeHigh-risk bonds bribe you with fat yields.
Centuries oldVenice issued government bonds in the 1100s.
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