Two-thirds of mortgage borrowers enjoy good credit and a fixed interest rate and can depend on the value of their houses remaining far higher than their borrowings.

三分之二的抵押贷款的借款人有良好的信用记录和固定的利率，他们拥有的房产价值远高于他们的借款。

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When bond prices fall, yield rises, because the interest rate of a bond is a fixed percentage of the bond's face value.

当债券价格下跌，收益将增加，因为债券的利率与债券票面价值的比例固定。

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In addition to undermining confidence in currencies, a sudden jump in inflation could frighten the market by eroding the value of investments, such as bonds, that pay fixed interest rates.

除了影响投资者对货币的信心外，通货膨胀的骤升也会令市场担心投资收益缩水，诸如支付固定利率的债券等。

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Keep in mind that municipal securities are subject to a number of risks including, but not limited to: Interest Rate Risk, the risk that the market value of fixed-income securities may fluctuate when interest rates change, and Prepayment Risk, the risk that the issuers of individual securities may prepay them at a time when interest rates have declined.

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The fact that early bonds had no fixed maturity date ensured that any change in interest rate was fully reflected in the capital value of the bond.

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Whereas an old-style trust pays out only investment income (dividends and interest) to "income" beneficiaries, a TRU pays them a fixed percentage of its value annually--typically 3% to 5%.

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