Pension Funds Are Looking Healthier. That Probably Won’t Last. | #retirement | #elderly | #seniors
In the world of pension investments, bad news can often be good news.
The first quarter was the worst for bonds in more than four decades. The 10-year Treasury yield rose by 0.83 of a percentage point, resulting in a total return of nearly minus 7%, while the Bloomberg Barclays Aggregate index, which covers the U.S. taxable debt market, fell 3.37%.