I'm trying to understand bond yields, prices and coupons. I get the basic concepts (i.e. coupon is the interest paid in each period and prices and yields are the inverse of each other).
I don't think I am interested in buying or selling bonds or speculating on which way interest rates will go; I am looking for reliable safe interest accumulation. So should I just be looking at the coupon and be done with it?
I guess I am concerned because I see that for some bonds I have to pay more than the face value for the bond (price / $100). So, how do I figure out if the interest payments I'll receive over the life of the bond will be greater than the purchase price? Should I be looking at the yield? d
I've attached a picture that shows the information I have from my bank's top Bonds performers screen. Thanks.