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Securities which obligate the borrower/issuer to make payments on a fixed schedule. Fixed income securities include sovereign, corporate and municipal bonds, corporate loans, and securitized lending (e.g., ABS). "Fixed" refers only to the schedule of obligatory payments, not the amount, and may include inflation linked bonds, variable-interest rate notes, and the like.
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factors affecting corporate and government bonds
If we assume that FED hikes the interest rates next time, then we will expect bond prices in general to fall, but what types of bond do you expect to be affected the most? Corporate bonds or governmen …