Bonds are one of the main pillars of the investing landscape. Viewed as a halfway house between the security of cash and riskier investments such as stocks and shares, bonds offer a rock-solid choice for those in search of a secure, fixed income.
Bonds were once regarded as a straightforward means of earning interest while preserving capital. Today’s bond markets, however, are complicated affairs worth a staggering £100 trillion worldwide, according to the Securities Industry and Financial Markets Association.
