Vanguard’s forecast 10-year return on U.S. and global fixed income securities 2023
As of 2023, Vanguard's U.S. high-yield corporate bonds were forecast to provide the highest 10-year annualized return spread with a minimum forecast return of 6.1 percent. Emerging markets sovereign bonds came in second place with possible returns forecast to range from a possible 5.6 to 6.6 percent. These two securities were also forecast to have the highest medium volatility over a 10-year investment period.
