markets

Treasuries’ 2018 Losses Reach $67 Billion

A statue of Albert Gallatin, a long-serving U.S. secretary of the Treasury, stands in front of the Treasury building in Washington, D.C.

Photographer: Brendan Smialowski/Bloomberg

It’s been a rough 2018 for investors in the world’s largest bond market, and it got even more painful this week after inflation quickened more than estimated. The Bloomberg Barclays U.S. Treasury Index fell 0.4 percent Wednesday, the most since September. Since the start of the year, the index, which currently includes 257 bonds and is worth more than $7 trillion, has declined about $67 billion in market value, data compiled by Bloomberg show.

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