Boring can be profitable, but only if the underlying risk/return case is good. In my personal view, that’s rarely true of corporate bonds.
Investing in Corporate Bonds
For private investors, corporate bonds offer the opportunity to buy a fixed income in exchange for an investment of capital.
There are three main things that drive changes in a corporate bond’s yield and so its price.
In this post I’ll explain the most important types of corporate bonds for private investors.