For investors, 2023 was a year of yield, as much of the total returns across the fixed income universe were attributable to interest income. Looking ahead, 2024 has a similar market setup to where we began 2023, attractive all-in yields enabling portfolios to potentially generate positive returns across a variety of economic outcomes. In DoubleLine’s Fixed Income Asset Allocation Outlook 2024, Corey Clermont, CFP® and Sam Nussbaum outline the global fixed-income landscape, discuss portfolio positioning and detail sector-specific views of the DoubleLine investment team.
