And yes, stock market moves will likely impact a portfolio more than movements in bonds, but the bond market will also fluctuate. Taking Risks gettyFor near retirees, retirees, or people living off their interest and dividends, bond market adjustments, and movements in interest rates, matter. Here are the four main risks of bond investing and how those risks can impact your portfolio:Interest rate risk. When interest rates rise, existing bonds pay less than what a newly issued, nearly identical bond will pay. This drop in the price of an existing bond from rising interest rates is called interest rate risk.

Source: Forbes March 09, 2021 15:45 UTC