Home Guides & Resources chevron_right Economy and the Markets Today’s Market Takeaways: January 15, 2021 Published January 15, 2021 In Today’s Market Takeaways, Vice President Steve Johnson takes us through the “B’s” of the market this week: Biden, bondsA financial instrument representing an IOU from the borrower to the lender. Bond issuers promise to pay bond holders a given amount of interest for a pre-determined amount of time until the loan is repaid in full (otherwise known as the maturity date). Bonds can have a fixed or floating interest rate. Fixed-rate bonds pay out a pre-determined amount of interest each year, while floating-rate bonds can pay higher or lower interest each year depending on prevailing market interest rates., bitcoin and bubbles. Tags: coronavirusvideo