Bonds are issued by governments and companies as a way of borrowing money from investors. How they're used and how different types of fixed income securities can impact your portfolio depends heavily on the type of fixed income security you're looking at. Watch to learn how bonds work. Subscribe to our channel: https://bit.ly/SubscribeCharlesSchwab Click here for more insights and education: http://www.schwab.com/learn/ (1022-2ZGX)