Investing in the stock market hasn't paid off well lately. But what about bonds? It all depends. And, as with stocks, venturing into the world of bonds requires study and caution. Get those at these sites.
Bond basics. This site by the Securities Industry and Financial Markets Association, a trade group, has information for people just considering bond investments and for seasoned investors. It bills itself as a "source of bond price information and includes a wide variety of market data, news, commentary and information about bonds." Click on "bond basics" for descriptions of U.S. government, corporate, and municipal bonds. The glossary will clue you in to the meanings of terms such as "yield curve," "tranche," and "sinker."
