VCSH News and Press, Vanguard Short-Term Corporate Bond ETF From 02/10/19

The iShares iBoxx $ Investment Grade Corp Bond ETF ( LQD ) has rallied by about 4% from its 52-week low in Q4 2018. The increasingly dovish Federal Reserve this year has reduced interest rate risk, allowing investment grade bonds to move higher, though investors should beware the weakening eco...

What does the technical picture tell us about the 10-Year US Treasury yield? The pale green area in the chart below is a rising trend channel. Rates rose within that channel since the mid-2016 secular low. It got broken to the downside during late 2018. The break occurred within the swing that...

By Paul English, CFA®, Head of US Investment Grade Research, and Matt Brill, CFA®, Senior Portfolio Manager, Invesco Fixed Income , on Jan 31, 2019, in Fixed Income The strong economy and market pressure may drive companies to pay down debt. Recent market stress surroundin...

The strong recent performance in the bond market signals that liquidity is still plentiful and there is no imminent danger of a financial market slump. This contradicts the claims of many bearish pundits who have recently argued that high debt levels are threatening the financial sector. In to...

The stock market passed an important hurdle on Wednesday. While most participants were expecting the Fed to keep interest rates unchanged, many felt that the market would sell off once the announcement was formally made. The old adage about “buy the rumor, sell the news” was ofte...

Vanguard Long-Term Treasury ETF (NASDAQ: VGLT ) - $0.1739 . 30-Day SEC Yield of 2.96%. Vanguard Short-Term Corporate Bond ETF (NASDAQ: VCSH ) - $0.1691 . 30-Day SEC Yield of 3.50%. Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ: VCIT ) - $0.2389 . 30-Day SEC Yield of 4.15%. V...

Earlier this month, I expressed the view that along with a temporary pullback in U.S. Treasury bond prices, we should see a continued strong rally in the corporate bond market. My view was that rising corporate bond prices are reflecting a decrease in risk aversion on the part of investors and...