Dean Smith on Schwab Network to Discuss Markets and FolioBeyond’s RISR ETF
For RISR holdings, visit www.etfs.foliobeyond.com/risr
Definitions:
Coupon is the annual interest rate paid on a bond, expressed as a percentage of the bond’s face value.
Basis Points (bps) is a unit of measure used in quoting yields, changes in yields or differences between yields. One basis point is equal to 0.01%, or one one-hundredth of a percent of yield and 100 basis points equals 1%.
Duration is a measure of the relationship between interest rates and price for a fixed income security. Positive duration refers to a relationship whereby prices decline as interest rates rise, while negative duration refers to a relationship whereby prices increase as interest rates rise.