Vanguard Long-Term Treasury ETF

VGLT

Market cap $10.4B

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 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.

Vanguard Long-Term Treasury ETF offers indexed exposure to long-duration U.S. Treasuries with a low 0.03% expense ratio and precise benchmark tracking. VGLT currently yields 4.8% with a 13.9-year duration, but its total return is highly sensitive to term premium movements and long-end yield volatility. The ETF's 4.45% trailing 12-month dividend and consistent payout growth support a hold rating, but rising term premiums threaten near-term price returns.

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%.

The yield on the 10-year note finished January 23, 2026 at 4.24%. Meanwhile, the 2-year note ended at 3.60% and the 30-year note ended at 4.82%.

The yield on the 10-year note finished January 9, 2025 at 4.18%. Meanwhile, the 2-year note ended at 3.54% and the 30-year note ended at 4.82%.

A new year can bring the adoption of a new perspective, which also applies to portfolio exposure. With that, the tried-and-tested 60-40 portfolio may be best flipped by instead using a 40-60 portfolio in a year that brings more uncertainty.