Planning Firm: Style Losses and Bond Markets

planning firm: Since bond prices fall when yields rise, anyone owning longer-term bonds has taken a big hit, according to Market Watch. In just two days after the election, for example, global bond markets lost a collective 1 trillion. The yield on the 10-year Treasury TMUBMUSD10Y, 0.00% closed at about 2.20% on Wednesday, up sharply from its all-time closing low of 1.36% in July. If more of the same is ahead over the next few years, many investors will be in a world of pain, especially retirees, who could suffer 2008-style losses this time in safe bonds. Barron named the firm the nation No. 1 independent financial advisor in 2009, 2010, and 2012. So says Ric Edelman, executive chairman of Edelman Financial Services, a Fairfax, Va.-based financial planning firm that manages 17 billion for 31,000 families. (news.financializer.com). As reported in the news.