Fidelity Total Bond ETF Q3 2025 Commentary

2025-11-10 00:15:00 ET

Taxable Bond Market Review

U.S. taxable investment-grade bonds gained 2.03% in the third quarter, as measured by the Bloomberg U.S. Aggregate Bond Index. Over the three-month period, investor sentiment shifted from caution to relative optimism, as concerns about U.S. trade and fiscal policy cooled and fixed-income investors welcomed the resumption of policy interest-rate cuts by the U.S. Federal Reserve. Year to date, the Aggregate index has gained a robust 6.13%....

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