Hello, as an investment tool, fixed-income products are not completely risk-free. The main risks are as follows: Diversified investment is a golden rule of financial management, and fixed-income products are no exception. In addition to the fixed-income securities introduced above, there are several common types of fixed-income products related to residents: ①Fixed-income funds. The main sources of income for foreign fixed-income funds include: first, assuming interest rate risks, such as the income obtained by extending or shortening the holding period; second, assuming credit risks, obtaining credit spreads, and thus obtaining additional income; third, doing currency Allocate, bear exchange rate risks, and obtain excess returns. In the past, the only source of income for domestic fixed-income products was interest. Once interest rates fell to the lowest point, it was difficult for bond funds to obtain sustainable higher returns. Now, by taking on credit risks, one can obtain excess returns brought about by changes in credit spreads. ② Fixed-income foreign exchange financial products. Its rate of return is fixed, and investors can know their future returns more clearly during the initial selection period, so it is more suitable for investors who do not have the time and energy to care about changes in the foreign exchange market. In addition, since investing in foreign exchange has high professional requirements, which is difficult for ordinary investors, the emergence of fixed-income foreign exchange financial products provides residents with a relatively worry-free investment variety. ③Insurance products. This is a relatively popular fixed-income product overseas. It is characterized by a long investment period, a low starting point, and fairly stable returns. From a capital market perspective, domestic and foreign institutional investors have always viewed interest rate increases as a positive signal for life insurance companies. Because raising interest rates will help the company increase its return on investment, help the company share the benefits brought by the appreciation of the RMB, help optimize the company's business structure, and help improve the company's profitability and potential for embedded value growth. Many life insurance, accident and investment insurance are fixed income products. As long as the policy holder pays the premium on time, he or she can receive fixed income within an agreed period of time. However, pure protection products such as short-term accident insurance, health insurance, and term life insurance are basically not affected by interest rate adjustments, and investors can choose flexibly according to their needs.