Money and Banking - Lecture 44 HD

Chapter 6. Risk Structure of interest rates, risk structure, term structure, risk, risk premium, default, default risk, credit risk, credit premium, spread, interest-rate spread, credit spread, inflation risk, inflation premium, currency risk, exchange-rate risk, currency premium, market price, market value, fundamental value, fair value, credit rating, creditworthiness, credit ratings agency, investment-grade bonds, speculative-grade bonds, junk binds, high-yield bonds, municipal bonds, tax-free bonds, taxable bonds, treasury bonds, corporate bonds, term structure of interest rates, yield curve, normal yield curve, upward-sloping yield curve, downward-sloping yield curve, inverted yield curve.