

iShares delivered stronger five-year returns and lower volatility, while Vanguard offers a lower expense ratio and higher yield for income-focused investors.

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The 10-year US Treasury yield rose to the highest in almost two decades, the latest milestone in a bruising global bond selloff driven by booming capital investment and soaring energy prices that are exacerbating inflation. Dominic Konstam, Head: Macro Strategy at Mizuho Securities, gives his expectations for Wednesday's Fed rate decision, rising bond yields, and growing market risks.

Vanguard Intermediate-Term Treasury ETF is at the confluence of long-term and short-term rate speculation, both with upsides. As far as low-risk investments go, VGIT is at risk of being hobbled by expectations and the actual materialisation of long-term structural inflation factors and the upcoming rate decision. With prices going up substantially for electricity, consumer electronics, and then energy, key elements of the consumer wallet are inflating, risking anchoring of expectations at higher levels.

Jim Cramer just told retirees holding Nvidia and Apple to reconsider what "safe" actually means, and the math behind his argument is harder to dismiss than it sounds.

The yield on the 10-year note finished September 11, 2026 at 4.96% while the 2-year note ended at 4.63%. The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks, along with the Federal Funds Rate (FFR) since 2007.

The US Treasury will purchase up to $6 billion of longer-dated government debt in the first operation under an expanded buybacks program. It's part of Treasury Secretary Scott Bessent's effort to stem the rise in borrowing costs.

US stocks may have further room to rise despite elevated valuations, as the earnings and productivity gains generated by artificial intelligence are not yet fully reflected in equity prices, according to HSBC's Willem Sels. According to Bloomberg, Sels, global chief investment officer at HSBC Private Bank and Premier Wealth, said investors remain skeptical about the sustainability of corporate earnings growth, particularly among technology and semiconductor companies.