VTIP News and Press, Vanguard Short-Term Inflation-Protected Securities From 10/03/23

2023-10-03 22:16:00 ET Summary Risk premiums simply did not matter in a yield-scarce environment when the TINA (“there is no alternative”) narrative dominated markets. Since Treasury Inflation-Protected Securities (TIPS) were introduced in 1997, long-term real rates ...

2023-10-03 00:19:00 ET Summary The change in muni yields followed the increases in Treasury yields during the quarter, with greater increases in the front end of the yield curve. The Federal Reserve raised the short-term fed funds band to 5.25–5.50% at its July meeting. ...

2023-09-30 10:29:39 ET Summary The Treasury market is leading the equity market, with the long-term yield rising to its highest level in 16 years. The stock market is being influenced by the Treasury market, therefore, investors should pay more attention to bond market movements. ...

2023-09-25 23:40:50 ET Summary TIPS (Treasury Inflation-Protected Securities) yields have risen recently, with the 10-year coupon reaching 2.07%, the highest since 2009. Enormous Federal debt and history suggest inflation will remain sticky and higher than the Fed's target, but co...

2023-09-25 20:21:00 ET Summary Bond yields, which have been stagnant since peaking last October, finally broke above the trading range they’ve been in for all that time. Interest rates will peak at some point. When they do, it may or may not coincide with the onset of reces...

2023-09-22 10:45:00 ET Summary The collective wisdom of the bond market for much of this year has been betting that interest rates would soon peak and fall. By some accounts, the Fed appears to be on a path to leave rates higher for longer. The good news for investors is that ...

2023-09-20 05:00:00 ET Summary Conventional investment strategies are undergoing restructuring, with a focus on investments in hard assets due to elevated valuations of equities and US Treasuries. Gold and overall commodities are poised to play a significant role as investors seek...

2023-09-20 01:43:43 ET Summary The Vanguard Short-Term Inflation-Protected Securities ETF invests in short-duration TIPS bonds. Although VTIP pays an attractive 5.1% yield, the ETF has underperformed CPI inflation since its inception. Investors interested in true inflation pro...

2023-09-15 08:15:00 ET Summary The US economy is showing progress in addressing inflation, but the Federal Reserve is likely to maintain a "higher for longer" policy. Weakness in the labor market and signs of a rebalancing may give the Fed comfort in cooling the economy and return...

2023-09-14 04:45:00 ET Summary The Consumer Price Index (CPI) increased by 0.63% in August, the largest month-to-month increase since June 2022. Despite ongoing adjustments to health insurance CPI, core CPI and core services CPI accelerated. Fuel prices, particularly gasoline,...