R rarhoads Nov 30, 2005 #11 $TYX.X is the yield, not the bond price. When the bond price rises, the yield goes down so they do move in opposite directions.
$TYX.X is the yield, not the bond price. When the bond price rises, the yield goes down so they do move in opposite directions.
V vulture Nov 30, 2005 #12 yeah rahroads has it right. I think it's worth the effort to track the yield, it can also be used often to determine where likely buyers or sellers will appear.
yeah rahroads has it right. I think it's worth the effort to track the yield, it can also be used often to determine where likely buyers or sellers will appear.
