"Looking ahead, a starting yield below 2% could signal trouble in 2020. 2013 was the last year yields started below 2%, and all sectors of the S&P U.S. Aggregate Index finished the year in the red. In 6 of the past 10 years, the current 10-year yield started below 2.5%. The average returns for every segment significantly underperformed their long-term averages, while years starting with yields above 2.5% saw outsized gains across the board (see Exhibit 3)."
https://www.indexologyblog.com/2020/01/16/bonds-saw-green-in-2019-but-they-may-be-red-in-2020/
Submitted January 19, 2020 at 11:10AM by PapaCharlie9 https://ift.tt/2u9W9sZ
