Vanguard Intermediate-Term Treasury ETF

VGIT

Market cap $39.5B

The yield on the 10-year note finished February 27, 2026 at 3.97%, its lowest level in four months. Meanwhile, the 2-year note ended at 3.38%, its lowest level since August 2022.

The opening act of 2026 has been nothing short of historic for the ETF industry, and fixed income is experiencing one of the strongest starts to a year on record.

The yield on the 10-year note finished February 13, 2026 at 4.04%, its lowest level since November. Meanwhile, the 2-year note ended at 3.40%, its lowest level since 2022.

FIGB carries a much higher expense ratio but offers a slightly higher dividend yield than VGIT. VGIT has experienced a smaller maximum drawdown and better four-year risk-adjusted returns.

Both ETFs charge an identical low expense ratio, but BND has a significantly higher number of holdings. VGIT holds bonds that can mature in three to ten years, while some of BND's holdings mature in as little as one year.

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 February 6, 2026 at 4.22%. Meanwhile, the 2-year note ended at 3.50% and the 30-year note ended at 4.85%.

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.

The yield on the 10-year note finished January 30, 2026 at 4.26%. Meanwhile, the 2-year note ended at 3.52% and the 30-year note ended at 4.87%.

IGIB holds nearly 3,000 investment-grade corporate bonds and offers a higher yield than VGIT. VGIT has experienced a shallower historical drawdown and lower volatility than IGIB.