By Nellie S. Huang
From Kiplinger’s Personal Finance
After a brutal 2022, the outlook for fixed-income investments is much improved for 2023.
With that in mind, here is a plan of action for your fixed-income portfolio in what promises to be a new bond market. Cash At long last, cash offers a decent yield—in some cases, 3 percent to 4 percent, a level not seen in 15 years. You must look in the right places to find it, though, says Greg McBride, Bankrate.com’s chief financial analyst. Some banks have been “stingy” about raising their payouts, McBride says. But online banks, community banks and credit unions have been “trying to outdo each other” on payouts for short-term CDs and savings accounts, he says….