When it comes to investments, shares and property get most of the attention. However, fixed income is equally as important to the average investor, making up somewhere between 20 and 40 per cent of the typical diversified portfolio. Bonds have been doing it tough since the pandemic, with interest rates moving sharply higher from near-zero levels. However, a tipping point may soon be upon us, and those headwinds might become tailwinds. This time next year interest rates could well be lower than they are today and if that happens, some savers might find themselves facing much less attractive reinvestment options. It makes good sense to lock in this income at current rates, and make hay while the sun is shining.