So far in 2011, bonds have soundly beaten stocks

The US 30Y Treasury opened at 121.95 on January 3rd 2011 and closed at 141.29 on December 9th 2011, for a YTD gain of 15.85%.

The S&P 500 opened on January 3rd 2011 at 1271.87 and closed on December 9th at 1255.19, for a return of -1.31%.

With roughly three weeks to go, short of a blistering santa claus rally, it looks like 2011 will be a washout for equities this year.

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