Provoking Discussion on Personal Finance and Investing
Note
Recent Performance for BND - Vanguard Total Bond Market Index Fund ETF
10/25/2023
by Franklin Laurel
Bond Fund Performance Is Inverse To Bond Interest Movement
Since Interest Rates have been rising, the bond interest has been rising, which makes bond fund prices go DOWN. The bond fund prices move in the opposite direction to interest rates and bond yields. I know this is very confusing to many, but that explains why bond prices have been going down over the last 2 years.
(BND) 1-Month Chart - Down 2.32%
(BND) 6-Month Chart - Down 6.72%
(BND) 1-Year Chart - Down 2.96%
(BND) 5-Year Chart - Down 12.69%
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