41.   Investors holding mortgage bonds would see the value of their securities decline more compared with Treasury bonds because they would be more likely to be redeemed early.

42.   Investors who hold bonds for months or years prefer currencies with falling rates, because lower rates mean an increase in the value of bonds denominated in those currencies.

43.   Investors, meanwhile, are paid interest for the risk of holding the bonds.

44.   Many investment advisers recommend investing in short-term funds, which hold bonds with maturities ranging from one to five years.

45.   Moreover, the company said, all the investors who held the bonds it underwrote were paid in full.

46.   Now, if you held your bond to maturity, you would not lose any principal value.

47.   Pension fund managers still can invest in mutual funds that hold South Korean bonds.

48.   Simpler still was the strategy of holding bonds.

49.   Short-term bond funds suffer as rates rise because they hold bonds that were issued months and years ago at lower interest rates.

50.   Some bond funds that do not support military spending will not hold United States Treasuries but instead hold agency bonds.