Bond losses mount in 'year of no return'
July 02, 2015 at 07:40 AM EDT
Bank of America Merrill Lynch said this week that its global investment grade fixed income index lost 2.23 percent of its value in the second quarter- the worst quarterly performance since 1997 and potentially also the worst since the U.S. And with the Fed tipped to soon deliver its first rate hike in nine years, while inflation expectations in the U.S. and Europe...