Here Are Barron’s Best Income Investments for the New Year

The bond market has few friends these days.

Given bonds’ stubbornly low yields, analysts and advisors have urged investors to reconsider the traditional 60/40 blend of stocks and bonds in a portfolio. The “bond king” himself, Bill Gross, has called bonds “garbage.” Jim Grant, a Barron’s alumnus and publisher of Grant’s Interest Rate Observer, has said that bonds offer “return-free risk.”

So…