A bond is a loan made by an investor to a borrower for a set period of time in return for regular interest payments. A bond's yield is the return an investor expects to receive each year over its term to maturity. The assumption that bond rates will remain low could prove to be the market’s Achilles heel. Fears of emerging inflation could push long rates up, steepening the yield curve as short-term rates remain close to zero. Learn more in this video. | Roger Montgomery