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The next 10 years are set to produce moderately higher returns for U.S. stocks, fixed income, and some alternative investments than expected a year ago, according to BNY Mellon.
That’s because the global economy is settling into a somewhat different environment — one in which signs of easing inflation are gaining traction across many countries. The U.S. also appears well-suited to thrive on a burst of technological development, while bond investors stand to benefit from some of the highest yields in more than a decade.
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