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NDR Fixed Income Allocation Strategy Commentary - June 2024

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The Bloomberg Barclays U.S. Aggregate Bond Total Return Index rebounded in May and breadth sharply improved. The Fixed Income Allocation model entered June positioned for an inflationary environment. Emerging Market bonds, U.S. Floating Rate Notes, U.S. High Yield, U.S. Investment Grade Corporate, and U.S. Treasury Inflation-Protected Securities are above benchmark weight. International Investment Grade, U.S. Mortgage-Backed Securities, and U.S. Long-Term Treasurys are below benchmark weight.

Ned Davis Research | NDR Fixed Income Allocation Strategy Commentary | Monthly

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