What is Foolsaurus?

It's a glossary of investing terms edited and maintained by our analysts, writers and YOU, our Foolish community. Get Started Now!


Intermediate bond

Intermediate bond. Bonds are classified by their maturities as short (less then 2 years) and long (more than 15 years). The group in between are sometimes called intermediate bonds.

Expanded Definition

The bond yield curve tends to flatten at longer maturities. Hence, short bonds are highly sensitive to maturity. Intermediate bonds still change significantly. Often long bonds are relatively insensitive to maturity.

Related Fool Articles

Related Terms

Recent Mentions on Fool.com

Advertisement