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Better Days Ahead for Bonds
Submitted by Frye Financial Center on December 16th, 2019
LPL Research sees better days ahead for bonds. 2019 was a baffling year for bonds, but we’ve seen some improvement in long-term yields. Bonds can still play a role in helping to diversify portfolios where appropriate.
Jeff Buchbinder, CFA, LPL Financial's Equity Strategist & Portfolio Manager tells us, "We summarize our 2020 bond market outlook in our latest Weekly Market Commentary. Key takeaways: 1) We see gradually higher rates in '20, 2) we do not expect recession despite recent yield curve inversion, and 3) hold bonds for diversification benefit."
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