Hoarseness, an abnormal change in your voice, is a common condition thatâs often experienced in conjunction with a dry or scratchy throat. If your voice is hoarse, you may have a raspy, weak, or airy quality to your voice that prevents you from making smooth vocal sounds.
One way to minimize interest rate risk is to buy short-term bonds that take less time to mature. It's less painful to be stuck with a low-paying bond for five years than a low paying bond for 20 or 30 years. Another way to minimize risk is to hold the bond until maturity.
If interest rates rise higher than the bondâs rate, the bond will trade at a discount, or below par; if rates fall below the bondâs rate, it will trade at a premium, or above par. Duration is a measure of a bond priceâs sensitivity to a change in interest rates, measured in years.Bonds with longer durations are more sensitive to interest rate changes. If youâre in a bond with a duration of 10 years and rates rise 1%, youâll see a 10% decline in the bondâs price.oupon is another word for the interest rate paid by a bond. For instance, a $1,000 bond with a 6% coupon will pay $60 a year. The word coupon is used because some bonds really had a paper coupon attached to them, which could be redeemed for the payment.