Thursday, September 26, 2013

Bond Performance 2013.

You probably know my feelings on bonds right now.  If you need a refresher go here.  BlackRock shows us this year just how poorly bonds have performed.


"Since 1980 the Barclays US Aggregate Bond Index has only recorded an annual loss twice. For more than 30 years investors have benefited from a secular decline in interest rates (and associated rise in bond prices). But interest rate-sensitive strategies that are reliant on falling interest rates have been punished since May, and the likelihood of a yearly loss for 2013 is high."

*Link:  BlackRock:  A Once Rare Loss for Bonds.