Fixed income returns have been atrocious, but most have not noticed.
The #1 Best fund on this recent Morningstar list has zero real returns for…. …squints…. …20 years.
Real current drawdowns in fixed income:
T-bills 20%
TIPS (TIP) 21%
Aggregate (AGG) 27%
Corporates (LQD) 29%
10-Year (IEF) 34%
Long Bonds (TLT) 58%
Zeros 😱😱
If you respond yEs BUT i iNveSt in InIDVIDual BonDs so I don’t have this problem you don’t understand how bonds work.
Just because you want to live in a nominal world doesn’t mean you get to.
via totalrealreturns.com
