Monday, October 7, 2024

Fixed income investors in US Treasury securities took a beating last week as yields surged 4.67%

Year to date total return tanked for 30-year bonds from 2.01% on 9/27/24 to -0.78% on 10/4/24.

For 20-year bonds year to date return fell from 3.33% to 0.98% over the week.

There was similar carnage down the curve. Only 3mo and 6mo Treasury bills were up year to date week over week.