Fixed income offers predictable payments and shock absorbers when stocks slide. Our section starts with bond anatomy: coupons, maturity, yield-to-maturity, and duration. Animated charts show how rate moves tilt price curves, while tables compare Treasuries, corporates, munis, and structured notes on credit risk and tax treatment. Ladder tutorials demonstrate staggering maturities for steady cash flow, and barbell examples weigh liquidity gains against reinvestment risk. Credit guides explain ratings, default odds, and recovery rates with case data. Finally, strategies pair bond ETFs, individual issues, and target-date funds to match goals. By mastering these tools you earn stable income without losing sight of inflation or default dangers.