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Segmented Hypergraphics Bitmap  |  1994-01-04  |  196KB  |  616x789  |  8-bit (228 colors)
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OCR: FALLING RATES LIFT ALL EIGHT TYPES OF BOND FUNDS The dramatic drop in Interest rates in May -long-term Treasury bond vields s fell by 0.45 percentage poinis to 8.57% -produced positive returns for the avorape furtd T in each ofour fixed-income calegories U.S Government bonds look top t honors with an average tolal returm of 3.1% High-grade corporates finished close second, averaging 2.9% In junk funds high-yield corporates were down 5.5% for the year whilo munis wero 106 1% Porfoli anayls % gais (er loss ta June I. 1990 Arerare matimum Tolephoar TOp pertnrmers Tme Fhe mmunt initial ranked by one- year return 1990 years yEars als charp TolHira(800} 1n st ta U.S. GOVERNMENT BONDS Freedor Govermment Income 0.7 10.2 29.4 12.6 None 225-6258 800-392-G037 (Mass.) Franklin Pariners -Tax-Ady.I U.S ...