Why Do Bond Prices Go Down When Interest Rates Rise?
Wade D. Pfau
You may have heard that bond prices rise when interest rates fall, and bond prices fall when interest rates rise. Why is this? A dollars and cents example offers the best explanation of the relationship between bond prices and interest rates.
Anspach, Dana, "Why Do Bond Prices Go Down When Interest Rates Rise?" (2013). In the News. 485.