Meaning of the word "fixed income market" in English

What does "fixed income market" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

fixed income market

US /ˈfɪkst ˈɪnkʌm ˈmɑːrkɪt/
UK /ˈfɪkst ˈɪnkʌm ˈmɑːkɪt/

Noun

a financial market where investors can buy and sell debt securities, such as bonds, that pay a fixed interest rate or provide a fixed stream of income

Example:
The central bank's decision had a significant impact on the fixed income market.
Investors often turn to the fixed income market for stability and predictable returns.