Betty Liu, Executive Vice Chairman for NYSE Group, explains: What is the bond market?

That's a great question. So, the bond market is the way people describe the marketplaces, the primary and secondary marketplaces where debt securities are issued by public and private sector entities. So, there's a lot of different types of bonds. There is muni bonds, federal government bonds, corporate bonds. US treasuries are federal government bonds that people typically go into or buy in order to seek some safe haven from the market conditions.