Meaning of the word "bond market" in English

What does "bond market" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

bond market

US /ˈbɑːnd ˌmɑːr.kɪt/
UK /ˈbɑːnd ˌmɑːr.kɪt/
"bond market" picture

Noun

1.

a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market. This is usually in the form of bonds.

Example:
The central bank's decision had a significant impact on the bond market.
Investors are closely watching the trends in the global bond market.
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