|Bid||0.00 x 900|
|Ask||0.00 x 21500|
|Day's Range||77.92 - 77.96|
|52 Week Range||77.83 - 80.25|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.07%|
An activist group at Vanguard is asking shareholders to vote in favor of a proposal that would not allow the mutual fund giant to invest in companies that contribute to genocide or crimes against humanity. Yahoo Finance’s Alexis Christoforous, Ethan Wolff-Mann and Dan Roberts talk about why Vanguard is recommending its clients to vote against the proposal.
US ten-year bond market yields have scaled a new seven-year peak at 3.07, their highest level since July 2011. This 100-basis-point move, which happened over the span of a little over eight months, has taken its toll on bond prices. Thanks to rising crude prices, increased chances of higher inflation have been fueling the recent rally in rates.
Sell in May has historically boosted returns across most decades and markets, should we expect it to hold up this year and does the approach really work?
US bond market yields continue to trend higher, but their overall movement last week was limited. Despite this limited movement, a few takeaways from the week hint at how interesting the bond markets could get in the future. The market’s reaction can be interpreted as investors seeing that the Federal Reserve will stick to its tightening stance in the future and that a change in inflation expectations will drive bond yields.
US bond market yields cooled off after hitting a four-year high at the end of April. Bond yields fell after the April employment report was lower than expected. The unemployment rate dropped below 4% for the first time in 20 years, which was the highlight of the report.
The US bond markets were under pressure as the yield curve continued flattening until Wednesday last week. The yield spread between the two-year and ten-year reached a decade low of 41 basis points on Wednesday, but a rebound in commodity prices triggered higher inflation expectations and led to the sharp rally of US bond yields last week. The Vanguard Total Bond Market (BND) ETF, which tracks the performance of the bond markets, ended the previous week at 79.02, a fall of 0.77% for the week ending April 20.
US bond markets’ relief after a dovish FOMC statement was short lived as geopolitical tensions took center stage. US bond yields rose along the curve dominated by a sharp increase in yields at the short-end of the curve, which reignited fears of the yield curve flattening. The 2s10s spread has now reduced to 45 basis points and the 2s30s spread has been reduced to a fresh cycle low of 66 basis points.
The last FOMC (Federal Open Market Committee) meeting was on March 20–21, 2018. At the meeting, the target range for the federal funds rate increased 0.25% to 1.50%–1.75%. The decision to increase the rate was made after Fed members assessed current economic conditions and the outlook for economic activity. The decision to increase the interest rates was unanimous.
Do We Have the Tools to Combat a Recession? In his keynote delivered at the tenth conference organized by the International Research Forum on Monetary Policy in March, Boston Federal Reserve president Eric Rosengren highlighted US policy tools’ deficiency in combating another recession. Speaking about the monetary policy tools, he said that the current level of US short-term interest rates (SHY) leaves little room for them to be lowered during an economic slowdown.
The US bond markets moved marginally higher in the previous week as investors’ worry about rising bond yields fell after the February inflation print showed stable growth. The Vanguard Total Bond Market (BND) ETF, which tracks the performance of the bond markets, ended the previous week at 79.5, appreciating by 0.26% for the week ending March 16.
The US bond markets were the only asset class that failed to rally after the February jobs report was released on March 9, 2018. The bond market, however, suffered further losses as every other segment of the jobs report pointed to a strong employment market, leaving the bias tilted toward further rate hikes. Rising rates are negative for the bond market, and investors holding these bonds tend to lose their asset value.
Are bond bulls emerging from their hideouts? The US bond markets managed to gain some lost ground as bond bulls reemerged. The key focal point of bond traders was the FOMC meeting minutes, where the FOMC members were concerned about inflation, but they weren’t sure about inflation drastically increasing.
The Fed's 9+ year low-rate policy has damaged capital market understanding. As a result, the analysis we read daily is flawed by seven common errors.
Why is Vanguard voting against a shareholder measure on its proxy ballot that moves to stop investing in companies that "substantially contribute" to genocide?
Even if we assume that green bonds don’t offer any significant premium over conventional bonds, there are many who believe in other noteworthy advantages of green investing.
Despite the rapid rise in issuance, demand for green bonds continues to outshine supply. The excess demand for green bonds has led to higher returns.
After three weeks of continuous falls, US bond yields rose in the week of September 10. The benchmark ten-year US Treasury yield (BSV) rose by 10 basis points to 2.20% but remains far from the December ...
Any negative news from the jobs report will be foreshadowed by the tax reform news. It's the last jobs report before the September FOMC meeting.
Fundamentally, bonds (AGG) are a discount instrument and are generally never expected to be in a bubble. Let's see why that's the case.
VALLEY FORGE, Pa. , Aug. 8, 2017 /PRNewswire/ -- Vanguard, a leading provider of bond index funds and ETFs, announced plans today to change the target benchmarks of three government bond index funds and ...
New York’s Federal Reserve president, William C. Dudley, recently spoke at a business forum in New York and said that he was pleased with the current state of the US economy.