Most bond funds have credit risk, which is the risk that companies or other issuers whose bonds are owned by the fund may fail to pay their debts, including the debt owed to the holder of their bonds. Some funds have little credit risk, such as those that invest in insured bonds or U. S. Treasury bonds. But be careful : nearly all bond funds have interest rate risk, which means that the market value of the bonds they hold will go down when interest rates go up.
PTELook at the text below. In 35 seconds, you must read this text aloud as naturally and clearly as possible. You have 35 seconds to read aloud.
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Beginning in 35 seconds.