The rate of return on a bond held to its maturity date is called the bond's yield to maturity. If interest rates in the economy rise after a bond has been issued, what will happen to the bond's price and to its YTM? Does the length of time to maturity affect the extent to which a given change in interest

The rate of return on a bond held to its date is called the bond's yield to If interest rates in the economy rise after a bond has been issued, what will happen to the bond's price and to its YTM? Does the length of time to affect the extent to which a given change in interest rates will affect the bond's price? Why or why not?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...