the difference between the primary market for a bond and the secondary market

the difference between the primary market for a bond and the secondary market

1. What is the difference between the primary market for a bond and the secondary market?
2. What is a capital gain on a financial security? If you own a bond and market interest rates increase, will you experience a capital gain of a capital loss?
3. Briefly explain why yields to maturity and bond prices move in opposite directions.

the difference between the primary market for a bond and the secondary market