One hundred basis points is just a 1 percent increase, which would put the 10-year at about 2.6 percent. The average rate of return over the last decade is roughly 4 percent, which, if we return to that yield, could put principal losses close to $500 billion, says a bond manager.
Link to article: http://www.nypost.com/p/news/business/bond_bubble_bust_z56Re3oMqGIjsYzwjb4khO
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