VTIP News and Press, Vanguard Short-Term Inflation-Protected Securities From 03/23/22

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...

History shows, both in the U.S. and overseas, that periods of high inflation tend to stick around for a while due to the self-reinforcing behavior of consumers. Treasury Inflation Protected Securities continue to offer a superior alternative to cash and bonds as the risk of continued ...

European stocks actually performed better than the NASDAQ last week so maybe it was positive developments in the Ukraine war that spurred the rally. The dollar index fell nearly 1% last week but is still in an uptrend across shorter time frames. What the market does on a week to w...

Inflation pressures were already elevated heading into 2022, and the Russia/Ukraine war is creating additional concerns. The current macro outlook has darkened. The mixture of higher inflation and lower demand adds to an already precarious policy environment. For further det...

We see the Ukraine war reducing global growth, increasing inflation and putting central banks in a bind. We prefer developed stocks in the inflationary backdrop. Stocks led by European equities bounced from 2022 lows last week, as oil prices came off highs. The European Central Bank a...

When inflation skyrockets, what happens in financial markets? Rates must follow inflation to control it. If you are invested in a bond fund with long duration bias in a rising rate environment, it will be challenging to preserve the capital invested. To deliver alpha potential whe...

The yield curve has flattened considerably and the spread between the 2-year and 10-year Treasury yield is currently just 25 basis points. Many of the large, popular stocks are still grossly overvalued in my opinion. Value stocks continue to outperform. For further details s...

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...

What happens when you combine the tipping point of two deflationary forces—globalization and demographics—with a pandemic, epic supply-chain disruptions and an invasion in Europe? Inflation of a magnitude not seen since the 1970s. As inflation evolves, so should investor...

I have seen a fair amount of chatter about currency regime shifts. Although such an event may be happening, there is no particular reason to get too excited about it from the perspective of the developed countries. The events of recent years hopefully have made corporations more cogni...