In bonds, spot rates seek advice from the interest rates prevailing at a certain stage in time when managing zero-coupon bonds. Zero-coupon bonds are fastened-interest securities that don't make periodic interest payments (or coupons) to their holders, instead advertising at a reduction for their face worth and maturing at par. https://silver-and-gold-investmen66559.azzablog.com/38816812/not-known-facts-about-safe-haven-assets