November 20, 2023
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Portfolio watch


At Capital Group, the rise in interest rates has made bonds a compelling buy, with yields “well above their five-year averages.” The 5.4% yield on the Bloomberg US Aggregate Index is double its 2.7% average since 2018. The current 4.3% yield on the Bloomberg Municipal Index is nearly twice its 2.2% average, Capital Group reports. In…


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