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With the important difference that money market accounts should never lose principle (aka "breaking the buck"). It has happened, but its fairly uncommon. Bond
by ac29 8y ago
With the important difference that money market accounts should never lose principle (aka "breaking the buck"). It has happened, but its fairly uncommon.
Bond funds, however, frequently can and do lose value - if interest goes up, price goes down (the reverse should also be true, though).