Why are silver prices so low? Every morning I hear this guy on the TV saying there is the

[progree]

10. A coupon, typically $10 off, is what they use to entice you to buy a lousy bond

You clip coupons out of your copy of the Wall Street Journal or Barron's and send them into the bond-issuer for a refund (one per customer of course).

Yield - that's what you damn well better do when the banksters knock on your door and want their bond back. That's known as "yield to call".

Actually, yield has a double meaning. It is also what you damn well better do when the IRS revenuers come around and demand the interest you thought you had earned.

Thanks and Happy Holidays!

I asked a long time ago for someone on that daily thread to explain if they knew the difference between coupon and yield on a bond and what it actually means. No one, and I mean NO ONE ever did, nor have I ever seen any indication that any of the old regulars could answer it