VCSH News and Press, Vanguard Short-Term Corporate Bond ETF From 04/28/21

Stay short and favor junk bonds. What hasn't worked is going long Treasuries this year. Some economists expect that hotter inflation will be a temporary affair. For further details see: Junk Bonds Continue To Lead U.S. Fixed Income Markets In 2021

Why capital appreciation is a flawed strategy for income generation. Why bonds may not be the solution to the U.S. "Income Crisis". Building an income strategy using consistent monthly distributions. Response to previous SA post titled: "GraniteShares HIPS U.S. High Income ETF...

The bond market is partying like it's 1999, and there is no end in sight. Despite wide spreads and tight spreads, bonds still need to be bought by insurance companies, money managers, university endowments and other institutions that have ratings partially based upon their bond positi...

Vanguard Short-Term Corporate Bond ETF (VCSH) - $0.1162.30-Day SEC Yield of 0.88% as of Mar. 29.Payable Apr 07; for shareholders of record Apr 05; ex-div Apr 01. For further details see: Vanguard Short-Term Corporate Bond ETF declares monthly distribution of $0.1162

Higher yields have so far left the credit market largely unscathed, but they have changed the balance of opportunity. Against this year's early-cycle background, we anticipate further tailwinds for the lower-rated, more economically sensitive part of the credit market. Right now, ...

Fundamentals are in place for a major EM crisis, and I see reasonable probabilities of an unfolding crisis in Turkey providing the catalyst. Meanwhile, complacency in "developed" markets remains formidable. Is systemic crisis even possible while the major central banks are running ful...

Holding bonds has been a most painful experience so far in 2021, although a few corners of fixed-income have escaped the damage, based on a set of proxy ETFs through yesterday’s close (Mar. 24). Although losses dominate bond returns this year, a few corners have bucked the tren...

For many decades, there was a long-standing, traditional, link between the economy and monetary policy. That link got broken in 2008, and it hasn't fully recovered ever since. We've already got used to living with stocks that are trading way ahead of the economy, but can we live with ...

One of the interesting things during the period when Treasury yields were rising was that all of the risk assets were compressing against Treasuries. There is virtually no spread in any of the credit indexes that pays the buyer for the credit risk. The spreads are just off historic lo...

For credit markets, the returns just kept coming in 2020 once the Fed stepped in with its strong policy support in late March. With strong returns in the fourth quarter, both investment grade and high yield corporate markets in the U.S. ended the year with positive returns over equiva...