The Bloomberg Barclays U.S. Aggre gate Bond Total Return Index gained just under 1.0%. The Fixed Income Allocation model had mixed leadership. U.S. High Yield, U.S. Investment Grade Corporate, U.S. Mortgage-Backed Securities, and U.S. Treasury Inflation-Protected Securities are above benchmark weight, while Emerging Market bonds, International Investment Grade, and U.S. Floating Rate Notes are below benchmark weight.
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