Bank of America
- The 10-year US Treasury bond is on track to suffer three consecutive years of losses.
- A back-to-back-to-back slump would represent the longest stretch of losses since 1787, according to Bank of America.
- The decline comes after US Treasury bonds suffered their worst annual loss since 1788.
Our Chart of the Day is from Bank of America and shows that US Treasury bonds are headed for their longest stretch of losses ever, dating all the way back to 1787.
The US 10-year Treasury is on track to see its third consecutive annual loss. The 10-year bond fell 3.9% in 2021, and tumbled 17% in 2022, which was its worst annual loss since 1788. So far this year, it's down 0.3%.