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Post-Mortem on a Bad Year for Bond Investing
How bad was 1999 for bonds?
OK, I wrote that question. Couldn't resist. It's the perfect topic for the first Fixed-Income Forum of the new year.
As you probably already know, 1999 was a terrible year to be a bond investor.
Some types of bonds fared much worse than others. But for most bonds, it was the worst year since 1994, when the
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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