U.S. Treasuries Are Worst Performers

From January 1, 2013, the U.S. Treasury bond index tracked by Bloomberg fell 11 percent, the worst performance of the 144 bond indices tracked by Bloomberg. Of course, the cause is the rise in U.S. interest rates. While the performance of U.S. Treasuries is poor, the increase in interest rates is in part due to better performance in the U.S. economy, which is a positive.