Financial Market Reporting, Part 4: Bonds and Bond Markets
Bonds gets no respect. It’s not clear why. For many companies, institutions and investors, bonds are the vehicle of choice.
Companies generally issue stock to the public to raise money. In issuing stock, companies give up ownership of the firm to shareholders, who share in future profits and growth. They also share in the risk the company will fail, or at least not live up to expectations. Not every investor is comfortable with that prospect.
Scott Gurvey 