Hoarseness, an abnormal change in your voice, is a common condition thatâs often experienced in conjunction with a dry or scratchy throat. If your voice is hoarse, you may have a raspy, weak, or airy quality to your voice that prevents you from making smooth vocal sounds.
One way to minimize interest rate risk is to buy short-term bonds that take less time to mature. It's less painful to be stuck with a low-paying bond for five years than a low paying bond for 20 or 30 years. Another way to minimize risk is to hold the bond until maturity.
Bond fund returns are highly dependent on the changes in general interest rates; that is, when interest rates increase, the value of bonds decrease, which in turn affects bond fund returns. To understand interest rate risk, you must understand duration (see the tutorial chapter Advanced Bond Concepts: Duration).