I'm wondering how to interpret this statement: "Long duration bonds have endured their worst drawdown in history." Is she saying something more than "interest rates went up?" Didn't they go up more when Volcker did it in the 1980's?
The graph in the article starts in 2010 and shows prices for an ETF for long-duration treasuries. It seems this is usually charted as market yield, and here's a graph from FRED of 20-year treasury market yields going back to 1953:
The graph in the article starts in 2010 and shows prices for an ETF for long-duration treasuries. It seems this is usually charted as market yield, and here's a graph from FRED of 20-year treasury market yields going back to 1953:
https://fred.stlouisfed.org/graph/?id=GS20