Submitted by Victoria, BC Financial Planning | Financial Planning V8W 2B on October 10th, 2013
The world’s stock markets posted strong returns in the third quarter of 2013, staging a healthy rebound from the summer’s lows. As they have for several years, fixed-income markets continued to be driven by central bank policy, and they had mixed results for the period.
Bond yields rose and prices declined throughout the three-month period due to widespread anticipation that the U.S.