Vanguard Intermediate-Term Treasury ETF

VGIT

Market cap $35B

The yield on the 10-year note finished November 21, 2025 at 4.06%. Meanwhile, the 2-year note ended at 3.51% and the 30-year note ended at 4.71%.

iShares 3-7 Year Treasury Bond ETF (IEI +0.13%) and Vanguard Intermediate-Term Treasury ETF (VGIT +0.14%) both target U.S. Treasuries in the intermediate maturity range, but differ on cost, yield, and subtle portfolio focus.

Vanguard Canada has announced the largest fee cut in its history, lowering costs on 12 products in its ETF and mutual fund lineup. The reductions apply to roughly one-quarter of its Canadian products, including all asset allocation ETFs, all mutual funds, and several fixed income ETFs.

The yield on the 10-year note finished November 14, 2025 at 4.14%. Meanwhile, the 2-year note ended at 3.62% and the 30-year note ended at 4.74%.

The yield on the 10-year note finished November 7, 2025 at 4.11%. Meanwhile, the 2-year note ended at 3.55% and the 30-year note ended at 4.70%.

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.

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 10-year note jumped to its highest level in nearly three weeks while the 2-year note climbed to its highest level in over a month this week. The yield on the 10-year note finished October 31, 2025 at 4.11% while the 2-year note ended at 3.60%.

Vanguard Intermediate-Term Treasury Index Fund ETF Shares offers exposure to US government bonds with 3-7 year maturities and low costs. VGIT is sensitive to interest rate movements, benefiting from disinflation or less restrictive monetary policy, and provides balanced duration risk management. Current macro indicators are neutral, suggesting VGIT's returns will depend more on carry and roll-down than on a macro-driven rally.

As widely expected, the U.S. Federal Reserve cut the federal funds rate by 25 basis points for a second time this year. This gives fixed income investors an opportunity to reposition their portfolios with intermediate bonds or reconsider active exposure if they don't have it already.