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Bond ETFs, % Below High (Total Return)... High Yield $HYG: -1.2% Munis $MUB: -2.2% TIPS $TIP: -3.0% Total Bond Market $BND: -3.7% Investment Grade $LQD: -5.4% Emerging Market $EMB: -5.7% 7-10 Year Treasury $IEF: -6.2% 20+ Year Treasury $TLT: -18.7% 25+ Zero Coupon $ZROZ: -27.5%

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