How to Heal Fixed Rate Securities

If you could reverse the clock six months a year and you got put in charge, what would you do with the cash that they had on hand? How would you allocate their capital to avoid something like this happening? Right, that's a good question. So how could we have avoided this thing from happening in the first place? The issue with fixed rates securities is that when people start expecting that interest rates are going to increase, it's already too late basically.