Treasuries biggest losers in 2013 Investors told to consider adding bonds back into portfolios

singapore: Treasuries fell to last place among the world’s bond markets in the past year as investors bet the US economy will improve as winter weather conditions ease, while the Bank of Japan (BoJ) increased efforts to spur growth.

US government debt due in 10 years and more slid 5% in the past 12 months, the biggest loss of 144 bond indexes compiled Bloomberg and the European Federation of Financial Analysts Societies. The Standard & Poor’s 500 Index moved in the opposite direction, rising last week to within 1% of a record. The BoJ expanded lending programmes yesterday.