Fixed Income Sector Performance

During 2008, the stock market dropped as credit markets froze. Many fixed income sectors that measure the availability of credit also declined. High-yield bonds returned −26.16%; emerging markets bonds returned −14.75%. U.S. Government bonds showed positive performance. The worst-performing sectors for 2008, high-yield and emerging markets bonds, performed the best in early 2009. Long-term government bonds returned −11.61% in 2009. Performance can fluctuate in any sector; it is prudent to consider various sectors when investing.

Sign up to receive charts like this in your inbox.

This illustration was compiled using information from outside sources. These companies are not affiliated with ICMA-RC. This information is being provided for educational purposes and is not intended to be construed as or relied upon as investment advice. ICMA-RC does not offer specific tax or legal advice. Individuals are advised to consider any new investment strategies carefully prior to implementing. The performance data quoted represents past performance. Past performance is no guarantee of future results.