MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Global Bond Bear

yogibearbullyogibearbull
edited September 2022 in Fund Discussions
Global Bond Bear
The drawdown for the global bond index was recently at -20.4% for the first time in its history (1990- ). Based on the interest rate history over 5,000 years, this may be the first time ever for the global bond market. The US bond index (1976- ) had a record drawdown of -14.3% in mid-June, recent (only) -12.7%. Twitter LINK

None of this would make you feel better. But if you hold bonds in any form, including within allocation/balanced funds, you know that it has been painful. Of course, some category of bonds (HYs, EMs) and some types of bond funds (CEFs) have had even worse drawdowns.

Twitter Chart1, Global Bond Index https://pbs.twimg.com/media/FbpXRzBWAAE4PEb?format=png&name=medium

Twitter Chart2, US Bond Index https://pbs.twimg.com/media/FbpX43rWIAEYBSa?format=png&name=medium

Twitter Chart3, 5,000 Yr Rate History https://pbs.twimg.com/media/FbpYQ5dWYAUjXh9?format=jpg&name=medium

image

Comments

  • CrashCrash
    tuhyx. junk bonds. down -13.71 ytd.

    premx. em. down -19.95

    fnmix em. down -17.31

    agepx frontier mkt. bonds. down -14.46

    yup. i own tuhyx, not the others.
Sign In or Register to comment.