[SIE] 25, Bond Risks - Call, Inflation, and Liquidity

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam. In this episode you will learn: - The relationship between falling interest rates and an issuer's decision to call a bond. - How callable bonds create reinvestment risk for investors. - The definition of purchasing power risk and its impact on fixed-income investments. - How liquidity risk varies significantly between different types of bonds, such as Treasuries and municipal bonds. - A mnemonic to help distinguish between call, inflation, and liquidity risks on the exam. For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818