Chart Of The Day

3 For 33

Here’s a crazy stat for you from BlackRock:

“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.”


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