Fixed Income Yield Guide: Different Types and What They Tell You About Returns

Fixed income investing is a cornerstone of many portfolios. You’ve probably heard the term before, but what exactly does it tell you about returns? In simple words, fixed income refers to investments that pay regular income, like bonds or certificates of deposit. Unlike stocks, which have unpredictable dividends or prices, fixed income aims to deliver a steady cash flow. Understanding yield, the return you earn, is key to making smart choices.