Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 29, 2017. REUTERS/Brendan McDermid
Traders work on the floor of the NYSE
  • Fixed income markets have only recently recovered their recent rout, but more upside may be ahead, a strategist said.
  • The Fed's likely done with rate hikes, which should eliminate the biggest headwind for bond investors. 
  • LPL Financial laid out four things investors should watch as 2023 winds down.

The bond market turmoil that kicked off in October marked one of the worst sell-offs in history, but as 2023 nears its end, a market veteran says there's reason for optimism in fixed income heading into the new year.