Fixed Income

May 25, 2026 Personal Finance 32 min read

Personal Finance (5): Bonds and Fixed Income — The Stable Half of Your Portfolio

Bonds explained for the person who always skipped that section — yield, duration, the seesaw with interest rates, and what the 2022 crash taught me.

May 19, 2026 Personal Finance 14 min read

Personal Finance (3): Bank Wealth Management Subsidiaries — What '理财子' Actually Means

The post-2018 world of bank wealth management in China — net-value products, R1-R5 risk levels, and fixed income+ explained for the confused engineer.