iShares 7-10 Year Treasury Bond ETF

IEF

Market cap $38.7B

This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale.

Sovereign risks are evident and corporate earnings have impressed. However, these are known factors – it's time to look ahead. We remain bearish high yield credit, with the spread between high yield-to-investment grade narrowing toward the -1 sigma boundary. Fundamentals in high yield credit have probably struck an inflection point. Investment grade fundamentals seem better-off. However, credit spreads are exceptionally narrow.

This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale.

A diversified, funds-only portfolio can deliver reliable 6-7% income and market-matching growth, ideal for retirees seeking simplicity and peace of mind. Asset allocation spans dividend growth, bonds, real estate, energy, covered calls, utilities, commodities, preferreds, and specialty funds for broad diversification. Fund selection prioritizes low fees, competent management, and minimal leverage, balancing income, growth, and capital preservation across market cycles.

Yield spreads, especially the 10-year to 3-month and 10-2 year, offer crucial insight into market expectations for the economy and the iShares 7-10 Year Treasury Bond ETF alike. As argued in recent months, we expect a cyclical slowdown to consolidate and risk-off sentiment to prevail, which could bolsted IEF ETF's total returns. Though merely a judgement call, we expect real yields to diminish on the basis of a lower neutral rate and a softer term premium. Moreover, we expect breakevens to calm.

The bond market looks increasingly focused on slowing economic growth vs. tariff inflation.

This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale.

This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale.

This article provides an update on the monthly moving averages we track for the S&P 500 and the Ivy Portfolio after the close of the last business day of the month. The Ivy Portfolio The Ivy Portfolio is based on the asset allocation strategy used by endowment funds from Harvard and Yale.

Sovereign risks are seemingly higher. However, 7-to-10 year yields acknowledge the risks and have therefore priced expected returns higher. We think real rates and inflation expectations are overpriced and will settle lower in due course, providing iShares 7-10 Year Treasury Bond ETF a helping hand. The term premium is pent-up and CDS values have seemingly overshot. News shocks have contributed and may decay with time, assisting IEF ETF even further.