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I put a reminder for a year later to see how bonds had done for 2012 and while they as an asset class (especially treasuries) did OK in 2012 they definitely underperformed domestic equities.

However, the first month of 2013 turned out to be a different matter. Domestic equities knocked the lights out, but have given back some of that so far this month.




hard to say they are still in a bubble with a year of mediocre performance and being outperformed by the supposedly-unloved equities.

doesn't sound like any bubble I've ever seen before

in fact, I'd go so far as to say that bonds are downright hated, at least from the commentaries I've read the past month
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