11.   But on top of this, these junk and investment-grade bonds also offer an opportunity for nice capital gains.

12.   But when rates rise, investors tend to sell utilities stocks for higher returns, such as those offered by bonds.

13.   Declining interest rates also boosted U.S. equities this year as investors sought higher returns than those offered by bonds.

14.   Even so, the bonds still offered attractive returns.

15.   Falling stocks make bonds look more attractive because bonds offer stable returns.

16.   For borrowers, global bonds offer a way to find new investors.

17.   For state and local governments, the bonds offer more than immediate cash.

18.   Government bonds generally offer lower returns than stocks or corporate bonds.

19.   Housing bonds usually offer higher returns than bonds backed by a pledge of tax revenue or by revenue from government services, such as sewer or water projects.

20.   In the event of default, for instance, some bonds offer increasingly worse terms to holdouts as more and more creditors accept repayment deals.