In general, income bonds are less risky than

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Income bonds are a type of bond that pays interest only if the issuing company generates enough income to cover the interest payments. This means that income bonds are riskier than bonds that pay a fixed rate of interest, such as mortgage bonds or secured debt. However, income bonds are still less risky than preferred stock, which represents an ownership stake in the issuing company and is subject to fluctuations in the company's financial performance. Short-term debt obligations are typically the least risky of the options listed, but they also offer lower returns.

In General, Income Bonds Are Less Risky Than