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.
Advantages of Bonds. One of the chief advantages of bonds, however, is that the borrower has great certainty that the payment rate of the bond will not deviate over time. In the case of a long-term loan, if the loan is structured so that the borrower pays an adjustable interest rate, then the cost of servicing the loan may rise suddenly. In addition, the baseline interest rate for bonds is often lower than for loans.