Vanguard Intermediate-Term Treasury ETF

VGIT

Market cap $40.4B

FIGB charges a much higher expense ratio but offers broader diversification and a slightly higher yield than VGIT. VGIT has experienced a smaller drawdown and remains far more liquid with much greater assets under management.

Both funds charge the same ultra-low expense ratio, but the Vanguard Total Bond Market ETF is much larger by assets under management. The Vanguard Total Bond Market ETF delivered a slightly higher 1-year return and yield, but also showed a deeper five-year drawdown.

The yield on the 10-year note finished April 10, 2026 at 4.31%. Meanwhile, the 2-year note ended at 3.81% and the 30-year yield ended at 4.91%.

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations for investment returns. This analysis focuses on the P/E10 ratio, a key indicator of market valuation, and its correlation with inflation and the 10-year Treasury yield.

The yield on the 10-year note finished April 2, 2026 at 4.31%. Meanwhile, the 2-year note ended at 3.79% and the 30-year yield ended at 4.88%.

This article looks at the 10-year Treasury yield's historical trends since 1962, exploring its relationship with key economic indicators like the Fed Funds Rate (FFR), inflation, and the S&P 500. Fighting Inflation vs.

Despite rate interest cuts, long-term bond yields have remained steady. With inflation risk rising, the outlook for the bond market is in doubt.

IGIB carries a slightly higher expense ratio but also offers a noticeably higher yield than VGIT. IGIB's portfolio is more diversified but more corporate-credit focused, while VGIT sticks to U.S. Treasury bonds.

VGIT and MUB both manage over $40 billion in assets. VGIT's yield is slightly higher, but it has seen a larger drawdown over five years compared to MUB.

The yield on the 10-year note finished March 27, 2026 at 4.44%, the highest level since July 2025. Meanwhile, the 2-year note ended at 3.88% and the 30-year yield ended at 4.98%.