ABSTRACT
Introduction ....................................................................................................................................280 Fixed Income Securities ................................................................................................................. 281 Fixed Income Returns and History ................................................................................................ 282
Gazing into the Future ............................................................................................................... 283 Interest Rate Risk .................................................................................................................284 Price Risk .............................................................................................................................284 Liquidity Risk .......................................................................................................................284 Reinvestment Risk ................................................................................................................284 Prepayment Risk ..................................................................................................................285 Purchasing Power Risk .........................................................................................................285
