The turmoil in the bond market over the past three years has been dramatic. The yield on the benchmark 10-year Treasury has risen approximately 360 basis points since the beginning of 2021, and it nearly hit 5% in late October. That has caused investors to question the value and role of a fixed-income allocation within portfolios. But two nagging uncertainties – the Fed and inflation – should be less of a problem as we enter 2024. Despite the recent volatility and negative returns, there are clear and compelling opportunities for investors willing to take the long view and evaluate fixed income from a historical perspective.
Here are some resources to learn more about Todd and Reams Asset Management:
- Reams Asset Management home page- https://www.reamsasset.com/
- Raymond James Investment Management home page- https://www.rjinvestmentmanagement.com/
- The Raymond James Investment Management Markets in Focus Podcast- https://www.rjinvestmentmanagement.com/podcast
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