Bonds & Interest RatesBonds
A Bond Is an IOU
Lend money, get paid back with interest
The US government owes more than $40 trillion, and anyone with $100 can become one of its lenders. How does that work?
You'll find out
- What lending $1,000 pays you back
- Who writes the biggest IOU on Earth
- The $34.7 billion nobody has cashed
Why it matters
You've paid interest your whole life. A bond is the same deal from the other side: the interest comes to you.
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