"Maturing bonds" refers to the process where a relationship or a connection between people gradually develops and becomes stronger over time. Full definition
To offset this natural progression, the fund purchases longer bonds (with the proceeds from maturing bonds, bond sales, or money from new investors). (learnbonds.com)
Since this strategy includes a lot of short - term bonds, you'll need to continually trade maturing bonds for new ones. (investor.vanguard.com)
In contrast, if rates drop as they roll over maturing bonds, their income will be reduced. (capitaloneinvesting.com)