VCIT News and Press, Vanguard Intermediate-Term Corporate Bond ETF From 03/23/22

Russia’s invasion of Ukraine, the sanctions response, and the gyrations in commodity markets cast an even thicker layer of uncertainty on what already was an uncertain economic and financial market outlook before the onset of this horrific war. Despite the many unknowns, we dra...

A stock market crash is something no investor can predict with reasonable certainty. However, that doesn’t stop savvy investors from moving their money into safe havens when enough signs point toward impending downturn. When considering bond investments in a down market, it...

VCIT is an exchange traded fund that seeks to track the performance of the Bloomberg U.S. 5–10 Year Corporate Bond Index. The fund falls in the medium duration bucket, having an average duration of 6.4 years, and an average effective maturity of 7.4 years. VCIT is down more...

Recent changes in the macro backdrop have created a more compelling case for Investment-Grade Credit, also highlighting specific benefits of the global approach. We believe that current market environment is putting this asset class in the spotlight, given more compelling valuations a...

The Federal Reserve on Wednesday raised its target interest rate by ¼ point, the first hike since 2018. Nearly all flavors of US bond ETFs are currently posting losses for the year-to-date (through Mar. 16). The deepest decline is in long-term US corporates via Vanguard Long-...

Now, more than two-thirds of managers expect core inflation to stand between 2.5% and 3.5%. Managers sense the end of the deleveraging trend that was observed in 2021. Global leveraged managers believe that the upside remains limited, with no expectation of spread tightening. ...

Corporate high-yield is outperforming the corporate high-grade index. One unusual aspect to the 2022 stock market selloff is that the Treasury trade hasn't happened. The psychological impact of crude oil and gasoline prices may be a bigger factor in the stock market sentiment data...

The aging population drove a steady rise in retirees over the past decade. The pandemic accelerated this with a surge in those opting to retire sooner than previously expected. After two years of debt-addition and extreme price inflation in homes and corporate securities (equities and...

VOO's dramatic surge in share price hides the fact that it has produced robustly growing income for investors who bought throughout most of the past 20 years. VOO yields less than dedicated dividend ETFs, but its payout ratio is far better and its composite higher earnings growth bala...

With Russia’s invasion of Ukraine into its second week, the economic fallout is gradually coming into focus. In our view, it is highly likely that economic growth will slow in the US and globally, but less so in the U.S. We expect market volatility to remain elevated for an...