https://tickertape.tdameritrade.com/investing/fixed-income-investment-bond-risks-17797Considering Fixed Income for Your Portfolio? Understand Bond Risks. And Eat Your Broccoli.
Investments in fixed-income products are subject to liquidity (or market) risk, interest rate risk (bonds ordinarily decline in price when interest rates rise and rise in price when interest rates fall), financial (or credit) risk, inflation (or purchasing power) risk, and special tax liabilities. May be worth less than the original cost upon redemption.