Over the last month, the yield on 10 year US Treasury has risen from 2.02% to 2.53%, or roughly 25%. The rise in rates has not been triggered by any particular incident,but a general sense that the US Federal Reserve will need to start cutting back on its easy money policy during the next 6 to 18 months. When rates rise, bond prices fall. However, not all bond prices were equally impacted by a rise in Treasury Yields. Some types of bonds were hurt much worse that Treasury bonds.
How bad did Treasury bonds do?
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