Your Aunt Sally has a large portfolio of corporate bonds of different maturities. She has asked your

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Your Aunt Sally has a large portfolio of corporate bonds of different maturities. She has asked your advice on whether to buy more or get rid of some. You anticipate an increase in interest rates in the near future. How would you advise her? Would your advice depend on the maturity of individual bonds?

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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