The market in which bonds are traded before their maturity. If interest rates decline after a bond has been issued, the value of bonds already issued with higher rates of interest will rise, and hence the bond market is said to be “up.” A rise in interest rates will lower the value of bonds issued with lower rates of interest and send the bond market “down.”
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Words nearby bond market
Example sentences from the Web for bond market
Fiscal hawks respond that a bond-market panic induced by excessive borrowing could be even nastier.