After concerns over rising rates and inflation took their toll on markets, fixed income is starting to see inflows again due to higher yields and the conclusion of the Fed’s rate hike regime. However, the Bloomberg U.S. Aggregate Bond Index (Agg) – a representative snapshot of traditional fixed income – still may not offer an optimal mix of assets for investors seeking greater yield at lower duration. U.S. Treasuries, which historically underperformed other risk assets long term, have made up a greater share of the Agg in the last 20 years.
Investment Partner
The commentary is the opinion of the subadviser. This material has been prepared using sources of information generally believed to be reliable; however, its accuracy is not guaranteed. Opinions represented are subject to change and should not be considered investment advice or an offer of securities.
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Past performance is not indicative of future results.
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