Mar 2, 2015 #26 MichaelB Give me a museum and I'll fill it. (Picasso) Give me a forum ... Site Team Joined Jan 31, 2008 Messages 40,741 Location Chicagoland Cash and fixed income are not the same, and the difference isn't yield. Cash is what you hand over, in exchange for fixed income, which is a promise to return cash at a future date. They are separate asset classes.
Cash and fixed income are not the same, and the difference isn't yield. Cash is what you hand over, in exchange for fixed income, which is a promise to return cash at a future date. They are separate asset classes.