MutualFundWire.com: Lost Decade for Bonds Is Beginning
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Monday, June 24, 2013

Lost Decade for Bonds Is Beginning


The three decade bull market for bonds is finally coming to a close, as U.S. Treasuries are providing less than half the yield of stocks and bond funds lose a record $47 billion in June, Bloomberg and Reuters report.

June's loss is the biggest monthly loss on record, eclipsing October 2008, according to TrimTabs. Though the Fed has not given a concrete date when it would begin tapering its $85 million of monthly bond purchases, and suggested it could start later this year if then, advisors to large fund managers, such as Omega Advisors Inc. to BlackRock, are avoiding long-term Treasuries.

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