Vanguard Fixed Income Group principal Josh Barrickman discusses how careful sampling, the use of a specialist model, and other techniques help his team’s bond-trading experts tightly tracking bond market indexes.
Bond yields have surged after the election of Donald Trump as the next president. Even in volatile market circumstances, it’s important to have a balanced reaction and maintain perspective.
The refrain has been consistent from market pundits—rates are too low and have no place to go but up. First it was the end of quantitative easing that would be the undoing of the bond market; then it was the …