RA
Look at the text below. In 40 seconds, you must read this text aloud as naturally and clearly as possible. You have 40 seconds to read aloud.
Most bond funds have credit risk, which is the risk that companies or other issuers whose bonds are owned by the fund may fail to pay their debts, including the debt owed to the holder of their bonds. Some funds have little credit risk, such as those that invest in insured bonds or U.S. Treasury bonds. But be careful: nearly all bond funds have interest rate risk, which means that the market value of the bonds they hold will go down when interest rates go up.
大多数债券基金都存在信用风险，即基金持有债券的公司或其他发行人可能无法偿还债务的风险，包括欠债券持有人的债务。一些基金的信用风险很小，比如投资于有保险债券或美国国债的基金。但要小心：几乎所有的债券基金都有利率风险，这意味着当利率上升时，他们持有的债券的市场价值会下降。