gcgang
Thinks s/he gets paid by the post
- Joined
- Sep 16, 2012
- Messages
- 1,571
I've read a lot about the "carnage" in the bond market. While I don't particularly like bonds (I mostly agree that bonds are for getting out of jail, as one equity manager said years ago), it really doesn't seem that bad to me.
Barclays US Aggregate Bond Index, although on pace for its worst year ever according to an article in Investment News July 15, having just its third down year since 1976, is only down 2.71%. 1994 was the worst they cite, having been down 2.9%.
Seems like there must have been worse years than that.
So, this is bad?
Barclays US Aggregate Bond Index, although on pace for its worst year ever according to an article in Investment News July 15, having just its third down year since 1976, is only down 2.71%. 1994 was the worst they cite, having been down 2.9%.
Seems like there must have been worse years than that.
So, this is bad?
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