Bonds Are Getting Crushed

These days people are more concerned with losing out than they are about losing money. But it wasn’t too long ago that people spent time worrying about the most boring part of their portfolio.
Interest rates have been rising for the better part of the last six months. The 10-year treasury rate went from 50 basis points in August to 1.3% today. The 30-year is up to 2.08% today, which doesn’t sound like very muc…

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