Page 307 - DCAC February 2024 Files
P. 307

As interest rates have moved higher, the forward‐looking return expectations for fixed income



                                 Consider putting cash to work and extending duration to lock in higher fixed rate yields.

                                          Money Market Fund/Bond Returns


                Time to Extend Duration?
                                             following 2007 Peak Yields

















                                                                                                         23













                Fixed Income -
                           returns have increased.  Money Market Fund/Bond Returns  following 2001 Peak Yields  Sources: Blackrock Student of the Market, Morningstar. Data as of December 31, 2023.

















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