In their latest update, Vanguard's experts, Kunal Mehta, Roger Roger Hallam and Christopher W. Alwine provide their latest sector-by-sector analysis of global fixed income markets and a summary of how these trends affect Vanguard's active bond funds.
Key highlights include:
- Bond markets sold off in the third quarter, as the market began to embrace the ‘higher-for-longer' narrative around interest rates.
- In rates markets, much of the activity has been further out on the yield curve, where yields rose significantly, and continued to rise at the start of October.
- Looking ahead, we believe high-quality, investment-grade corporates look the most attractive credit option and are best equipped to weather an economic slowdown.
Our active bond funds managed in-house
A longer-term perspective. Find out more about fixed income at Vanguard
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Past performance is not a reliable indicator of future results.
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