Treasury Bonds had another impressive year, with the 10-year Treasury note returning about 4.4% year-to-date, despite several gurus talking about the bond bubble burst. Bond yields may finally rise in 2013 as the macroeconomic situation improves, even though the Fed will maintain the rates near zero at least until the unemployment rate drops to 6.5% or inflation exceeds 2.5%. They will also continue massive purchases of bonds.