The AGG records the worst YTD drawdown ever
The AGG records the worst YTD drawdown ever
By Jim Bianco biancoresearch.eth
"5/11
The bond market gets it. The carnage is epic.
The Bloomberg Global Aggregate Index, which started in 1990, is down 7.77% YTD.
Not only is this the worst drawdown for a year through early April, but it is also surpassing the largest drawdown seen in any complete year."
5/11
— Jim Bianco biancoresearch.eth (@biancoresearch) April 7, 2022
The bond market gets it. The carnage is epic.
The Bloomberg Global Aggregate Index, which started in 1990, is down 7.77% YTD.
Not only is this the worst drawdown for a year through early April, but it is also surpassing the largest drawdown seen in any complete year. pic.twitter.com/iyCjhWyHRi