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The rate on the bond is fixed, but interest rates in the rest of the market are not. So the price of the bond going up and down is a reflection of the future yield given the other options available.
I think I've made it worse.
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2022 Royal Enfield Interceptor
2012 Harley Davidson Road King
2014 Cayman S, PDK
Mercedes E350 family truckster
Steam locomotive. Yes, you read that right.
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