“We’re going to talk about the fixed income market here. And bonds are, a lot of people get confused by bonds because you have to think what a bond is. A bond is basically a piece of paper, and on it says $1,000, and it gives you an interest rate. Let’s say it says, $1,000 and they’re going to give you 5% for 5 years or 2 years. You’re going to get $50 every year for the amount of years on, and there is a piece of paper.” — Robert A. Bonavito, CPA

For more trends in fixed income, visit the Fixed Income Channel.