In a buy-and-hold strategy, bonds are purchased in light of the investor's objectives and constraints and then held until maturity.

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In a buy-and-hold strategy, the bonds are purchased with an intention to hold them until maturity, regardless of any changes in interest rates or market conditions. The strategy focuses on the long-term benefits of investment and is generally employed by investors who have a low risk tolerance and are looking for a stable stream of income.

In a Buy-And-Hold Strategy, Bonds Are Purchased in Light of the Investor's