The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments

URL:  http://boards.fool.com/hi-charlie-how-have-bonds-fared-by-comparison-28496481.aspx

Subject:  Re: Yesterday’s Damage? None to Bonds Date:  5/7/2010  11:48 AM
Author:  TMFGalagan Number:  30775 of 34984
Hi Charlie -

How have bonds fared by comparison? Depending on which benchmark you use, bonds continue to gain in price, though quite modestly.

It was interesting to me to see the breakdowns among various bond subasset classes. Using the Monday close to Thursday close figures for some ETFs:

(from here - http://finance.yahoo.com/q/hp?s=AGG+Historical+Prices - just change the ticker in the box provided)


AGG (aggregate Treasury/agency/mostly high-quality corporate): 104.38 to 105.09 = +0.68%

TLT (long-term Treasury): 91.69 to 96.79 = +5.56%

MUB (munis): 103.94 to 103.94 = unchanged

LQD (investment-grade corporates): 106.89 to 104.80 = -1.96%

HYG (high-yield corporate): 88.75 to 84.49 = -4.80%


To your point, all of them beat the Dow and S&P.

But if stocks keep tanking and corporates do worse than Treasuries, perhaps those looking for another outstanding entry point to add to corporate bond positions will get their wish. :)

best,
dan
Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us