Convertible bonds belong to the fixed income bonds, as hybrids of the bonds and call option.

可转换债券是固定收益证券的一种，是债券和股票看涨期权的混合证券。

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Although over the past 20 years investors have been overweight in equities, asset allocation is now tipping in favour of fixed-income bonds.

尽管在过去20年间投资者持有股票的比重过高，如今的资产配置比重却在向固定收益型债券倾斜。

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The holders of convertible bonds have two major rights: firstly, they can receive a fixed cash flow during the term of conversion in that convertible bonds belong to the fixed income bonds;

通常而言，可转换债券持有人拥有两项主要的权利：一是作为固定收益证券，在可转换债券存续期内获得固定的现金流收入；

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First, the Great Depression was finally becoming faint memory, as was its record of destroying stockholders while handing deflationary gains to fixed-income bonds.

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Some of the products peddled by fund managers, such as split-capital trusts, and now high-income bonds, which guaranteed income but not, alas, the return of the principal, have also been tainted by scandal.

ECONOMIST: Financial services

Read Richard Lehmann and pocket 8% yields and big capital gains in fixed-income with bonds, convertibles, preferreds and MLPs.

FORBES: Kroll Gets Into Bond Gumshoe Biz, Faces Sticky Issues