After one of the worst starts to a year for fixed income, returns may not get much better from here.  Long-term interest rates have traded sideways recently but we expect rates to potentially rise further, which would put downward pressure on bond prices. We’re not giving up on high-quality fixed income though, as Treasury securities have shown to be the best diversifier during times of
equity market stresses.  Read entire commentary here: https://rc.lpl.com/content/dam/rc/documents-new/Research/Publications/WMC/2021/WMC%20Bond%20Market%20outlook%206-1-21_Final.pdf