With that, bonds remain the ideal ballast to shore up a portfolio. While rate cuts are to be expected, interest rates are still relatively high compared to previous years. Tilting more heavily towards bonds offers more portfolio protection. Additionally, it offers the potential for returns that mimic the traditional 60-40 allocation—sans the additional risk that equities carry. "Bonds remain attractive in the high-interest-rate environment,†Aliaga-Diaz added. "Our models project that, over the next decade, ...