Streetbeat News

BND

Vanguard Total Bond Market Index Fund

http://investor.vanguard.com/mutual-funds/profile/vbmfx

Industry

Asset Management - Bonds

This index measures the performance of a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States-including government, corporate, and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities-all with maturities of more than 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of its assets will be invested in bonds held in the index.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Investors have recently funneled billions into aggressive bond ETFs, anticipating multiple Federal Reserve rate cuts in 2024. This trend reflects a strong belief in a disinflationary trend and a potential shift in the Fed's monetary policy. The inflows have been particularly notable in ETFs that include long-term Treasury bonds, emerging-market bonds, and high-yield corporate bonds. The top 10 bond ETFs by fund inflows in the past month are led by iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and include others like iShares Core U.S. Aggregate Bond ETF (AGG) and SPDR Bloomberg High Yield Bond ETF (JNK).

Portfolio Pulse from Piero Cingari

December 05, 2023 | 11:18 pm

Fund managers are recommending a shift from cash and money market funds to Treasury and mortgage bonds, citing decreasing inflation and potential economic slowdown. Money market fund assets have reached a record $5.73 trillion, but with the Federal Reserve's interest rate hikes potentially nearing an end, bonds are becoming more attractive. The two-year Treasury bond yields 4.89%, while the 5- and 10-year bonds yield 4.44%. Economists predict either an imminent recession or a soft-landing scenario. Mortgage bonds are also suggested as a good investment if interest rates decrease, with increased regulation making them safer than in 2008.

Portfolio Pulse from Natan Ponieman

November 21, 2023 | 9:29 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.