Previous Close | 72.17 |
Open | 71.87 |
Bid | 71.69 x 1800 |
Ask | 72.00 x 3200 |
Day's Range | 71.71 - 71.95 |
52 Week Range | 67.99 - 74.90 |
Volume | |
Avg. Volume | 7,518,512 |
Net Assets | 302.25B |
NAV | 71.81 |
PE Ratio (TTM) | N/A |
Yield | 3.08% |
YTD Daily Total Return | 2.88% |
Beta (5Y Monthly) | 1.00 |
Expense Ratio (net) | 0.03% |
Inception Date | 2007-04-03 |
Term premium reflects the additional return or yield investors expect for holding relatively riskier long-term U.S. bonds and notes instead of less risky shorter-term debt. This difficult-to-measure variable generated headlines and grabbed the attention of Wall Street strategists and Federal Reserve officials after turning positive for the first time in more than two years on Sept. 25 based on a model used by the New York Federal Reserve. The model showed a peak in the term premium in mid-October.
Gold and Treasuries are havens for those who don't know what to make of the war in Israel and for those waiting for the latest inflation numbers. Three of the biggest bond exchange-traded funds—the Vanguard Total Bond Market ETF (BND), iShares Core U.
The Federal Reserve's interest rate hikes have taken a toll on some of the biggest bond market ETFs available to investors.