US: Bond funds give investors a lump of coal in 2013

Source: USA Today

- Last modified: December 31, 2013 at 9:04 AM

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Most bond investors got a lump of coal this year, and that may be just a taste of what's to come in 2014.

The average core bond fund — one that invests at least 85% of its assets in investment-grade bonds — fell 2% in 2013 through Friday, including reinvested interest.

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