Vanguard Short-Term Treasury ETF

VGSH

Börsenwert 35,2 Mrd. $

The 10-year Treasury just hit levels not seen since 2007, and BND holders are sitting on years of losses.

US Treasury yields may ‌have further room to rise, with the Federal Reserve likely ​to deliver one or ​two more rate increases before ⁠the current tightening cycle ends, ​Dan Ivascyn, chief investment officer ​at the world's largest bond manager, told Reuters on Tuesday.

Vanguard's Treasury ETFs—Vanguard Short-Term Treasury ETF, Vanguard Intermediate-Term Treasury ETF, and Vanguard Long-Term Treasury ETF—offer varying risk/return profiles based on maturity and duration, with VGSH rated Buy for its risk profile. Interest rate risk grows with duration; VGLT is most sensitive to rate shifts, while VGSH offers the smoothest ride and lowest volatility. Current macro risks—persistent deficits, inflation, and geopolitical tensions—support a preference for short-duration Treasuries like VGSH.

Vanguard Short-Term Treasury ETF and Vanguard Short-Term Corporate Bond ETF both offer ultra-low expense ratios of 0.03%. Vanguard Short-Term Corporate Bond ETF provides a higher 4.6% dividend yield but carries greater credit risk and price volatility.

US Treasuries resumed their retreat, lifting the 30-year yield back to its highest since 2002 as climbing oil prices raised concern about faster inflation and more central bank interest-rate increases. Vishal Khanduja, Head of Broad Markets Fixed Income at Morgan Stanley Investment Management, discusses credit spreads and whether or not yields will soon peak.

U.S. Treasury yields pulled back Thursday, but long-term borrowing costs in Britain and France continued to climb.

Treasury yields near two-decade highs are creating an attractive entry point for bond investors. Here are ETFs to consider.

The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the ​AI boom lifts economic growth, leaving investors positioning for an era where interest rates stay higher for longer.

Yields on U.S. Treasurys fell across the curve early Wednesday, as oil prices extended their decline.

The 10-year Treasury yield has climbed sharply over the past year, rising from roughly 4.0% last October to nearly 4.9% by mid-September 2026. The more interesting story, however, is not that yields increased but why.