Jig_2000

Jig_2000 OP t1_j6oozjt wrote

So if I buy a bond for $25, I can't put more money into it. Got it.

Also since the rate of return moves with inflation, if the rate is 6.89% now and then the rate changes to 9% (hypothetically speaking) in May. My bond would receive an interest rate of 9% correct? Just want to make sure I understand how they work.

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