What are the different factors and terms one should be acquainted with before investing in individual bonds? I'm currently looking at:
It's all rather foreign to me though. When I look at this page it looks fairly simple:
But when I selected the 3 year Corporate Investment Grade as a potential tool for myself. Once I click in is where I find the first screenshot which makes it look far more complicated. I don't really know what Yield to Worst or Yield to Maturity means, and didn't understand the definitions I found. I also read a bit about what it means to be a Callable Bond, but not seeing where on this table that's showing. Hoping someone here might be able to explain it better.
- What should I be considering and looking at in determining the right Bond selection?
- If 1.926% is available, that's better than most CDs, so what is the risk?