"The individual investor should act consistently as an investor and not as a speculator." - Benjamin Graham
Looking at the performance of bond ETFs in the past month has presented an interesting investment opportunity. The share prices of most of these ETFs have been surging towards their 52-week highs. While the Federal Reserve (Fed) rate cuts have been a boon to fixed-income investments, ETFs like the Vanguard Long-Term Bond ETF (BLV) present investors with an opportunity. Many argue that without any further rate cuts, the appreciation of bond ETFs may be limited. Also,