Column-Bonds eye Q4 salvation in another year to forget: McGeever
This is the dilemma many fund managers are facing regarding the bond portion of their portfolio as the final quarter of a potentially historic year for U.S. Treasuries gets underway. Treasuries are on track to record a rare hat trick and post annual losses for the third year in a row, something that has never happened in the history of the U.S. Republic, according to Bank of America, citing data going back to 1787. Treasury bond indexes are down as much as 2.5% this year, not a huge move and most of it has come since Federal Reserve policymakers published their upwardly revised median policy...