Friday, February 8, 2013

In Bond Debacles Of 1994/1999, Net Asset Values Fell About 10%

In the bond debacle of 1993-1994, the Vanguard Total Bond Market Index fund saw a decline in the net asset value of 11.6%, falling from 10.35 to 9.15.

In a similar episode between 1998 and 2000, the net asset value plunged from 10.43 to 9.46, a decline of 9.3%.