Checking in on Bond Market Losses

Interest rates are up quite a bit since bottoming in the summer of 2016. Here’s the 10-year yield since then:

This is still a blip on the long-term chart but that’s an increase of almost 2% in a little over 2 years. We finally have that rising rate environment everyone has been clamoring for since 2009 or so.
And as we all know, when interest rates rise…say it with me now…bond prices fall since ra…