ASSETCASTING
CNBCOctober 21, 2026

Why Bonds Are Back On Investors’ Radar

Learning guide
What to look for
Understand fixed interest payments, market yields and prices, and examine the questions higher Treasury yields add to stock-versus-bond comparisons.
Why it matters
Avoid treating a high quoted yield as a guarantee against losses over every holding period, and consider cash needs, holding periods and actual sale prices together.

Timeline

3 segments

  3. The video uses asset-manager views and survey responses to discuss how higher yields could influence asset choices. Stated switching intentions are neither actual flows nor a guaranteed stock-market crash threshold, and the video’s risk-free wording should not imply the absence of price changes or losses when selling before maturity.

Learning through cases

Markets · 2023.03.10

Interest-Bearing Assets Can Still Lose Value When Sold Urgently: SVB’s Rate and Liquidity Risks

SVB illustrates why promised interest, market prices and the timing of cash needs are different questions.

Applying this case to the note

Complement the price-yield explanation with a historical interest-rate and liquidity-risk case. Promised interest does not fix the price of early liquidation, and SVB’s asset-liability and deposit structure should not be directly imposed on an individual bond investor.

Think it through: Does holding long-term securities ensure that today’s withdrawals can be met?

Read the evidence and limitations →

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Educational information only; not investment advice.