If you have owned mREITs over the past few months, I feel your pain. Even for world-class mREITs with top-quality managers -- American Capital Agency (NASDAQ:AGNC)Hatteras Financial (UNKNOWN:HTSI.DL), and Invesco Mortgage Capital (NYSE:IVR)-- the summer has been brutal. 

The turmoil of late in the bond market harkens back to the pain of 1994, the year of "The Great Bond Market Massacre." Well Fools, I'm here today to tell you that 2013 and 2014 will not be as bad as 1994 in the bond markets. To find out why, watch the video below.

Fool contributor Jay Jenkins has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.