Vanguard Extended Duration Treasury ETF (EDV) - NYSEARCA
  • Mon, Jun. 27, 5:12 AM
    • British 10-year sovereign bond yields have dropped below 1% for the first time to hit a new record low.
    • The fall came after Moody's downgraded its U.K. sovereign rating to negative from stable, citing diminished policy predictability and economic effectiveness as a result of the EU referendum.
    • Meanwhile, 10-year U.S. Treasury yields have extended their fall to 1.47%, tumbling 10 basis points this session.
    • ETFs: TLT, TBT, TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Mon, Jun. 27, 5:12 AM | 22 Comments
  • Fri, Jun. 24, 7:41 AM
    • The 10-year Treasury yield has plunged a full 21 basis points to 1.53% after the U.K. voted to leave the EU. It's the largest one-session decline since the panicky late summer of 2011. TLT +3%, TBT -6% premarket
    • Short-term interest rate futures have now begun pricing in a rate cut, with the Oct. 2016 Fed Fund contract at 99.67 three basis points higher than the July contract.
    • The German 10-year Bund yield is down a whopping 17 basis points to negative 0.07%. The U.K. 10-year Gilt yield is off 30 basis points to 1.07%.
    • Yields on the periphery are headed the opposite way - the Italian 10-year is up 14 bps to 1.45%, and Spain is up 12 bps to 1.6%.
    • The 10-year JGB yield is down 5.6 bps to negative 0.196%.
    • Previously: Futures down sharply as Europe crashes post-Brexit (June 24)
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Fri, Jun. 24, 7:41 AM | 43 Comments
  • Mon, Jun. 20, 12:29 PM
    • The 10-year Treasury yield fell to as low as 1.52% last week after the Fed's surprise retreat from rate-hike talk, but it's returned all the way back to 1.67% after a weekend poll showed support for a Brexit slipping (vote is on Thursday).
    • Was the Fed's dovish shift solely due to Brexit fears? It won't be long before we find out. For now, Fed Funds futures have upped the odds of a rate hike this year - though it's still roughly a zero chance for July, a move at some point in 2016 is just over 50%.
    • TLT -0.95%, TBT +1.9%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Mon, Jun. 20, 12:29 PM
  • Mon, Jun. 20, 10:51 AM
    • Vanguard Extended Market ETF (NYSEARCA:VXF) - $0.219. 30-Day Sec yield of 1.44%.
    • Vanguard Industrials ETF (NYSEARCA:VIS) - $0.484. 30-Day Sec yield of 1.93%.
    • Vanguard Telecommunication Services ETF (NYSEARCA:VOX) - $0.593. 30-Day Sec yield of 3.02%.
    • Vanguard REIT ETF (NYSEARCA:VNQ) - $0.764.
    • Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) - $0.446. 30-Day Sec yield of 2.15%.
    • Vanguard High Dividend Yield ETF (NYSEARCA:VYM) - $0.578. 30-Day Sec yield of 3.23%.
    • Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) - $0.822. 30-Day Sec yield of 2.46%.
    • Vanguard Mega Cap ETF (NYSEARCA:MGC) - $0.368. 30-Day Sec yield of 2.17%.
    • Payable June 27; for shareholders of record June 23; ex-div June 21. 30 Day SEC yield as of 6/17/16.
    | Mon, Jun. 20, 10:51 AM
  • Thu, Jun. 16, 11:47 AM
    • The yield on the 10-year Treasury earlier fell as much as seven basis points to 1.52% - its lowest level in four years and within sight of its all-time low of 1.39%. It's since bounced back to 1.54%.
    • The two-year Treasury yield is off another seven basis points to 0.66% - its lowest level since the Feb. 11 bottom of 2016's market panic.
    • The Fed's dovish retreat yesterday combined with growing fears of a Brexit (the vote is one week away) are at work.
    • Across the pond, the German 10-year Bund yield is down 1.3 basis points to negative 0.02%, and the Swiss 30-year bond has fallen to negative territory - making that country the first one ever with government bond yields below zero all the way out to 30 years on the curve. U.K. 10-year Gilt yields are down to 1.11%.
    • TLT +0.8%, TBT -1.6%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Thu, Jun. 16, 11:47 AM
  • Wed, Jun. 15, 2:16 PM
    • The FOMC stayed on hold as expected, but the "dots" showed a sizable downsizing in expectations for future rate hikes. The policy statement showed no hint of any interest in hiking rates in July. Six Fed members expect just one rate hike in 2016 - that's up from a few weeks ago, when just one saw only a single move this year.
    • 2017 and 2018 Fed Funds rate projections were cut as well.
    • As for GDP, the seers see growth of 2% this year vs. 2.2% expected weeks ago. 2017 is cut to 2% from 2.1%. 2018 remains at 2%.
    • PCE inflation this year is expected to be 1.4% vs. just 1.2% at last projection. 2017 remains at 1.9%, and 2018 at 2%.
    • The 10-year Treasury yield is lower by 3.8 basis points to 1.576%, but the big move is in 2-year yields, which are off a full six basis points to 0.67%.
    • There's partying in the Fed Funds pits, where traders now have priced in just a 50% chance of a rate hike anytime this year.
    • TLT +0.45%, TBT -0.9%
    • Previously: Fed stays on hold, sees fewer future rate hikes (June 15)
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Wed, Jun. 15, 2:16 PM | 2 Comments
  • Thu, Jun. 9, 11:26 AM
    • What's going on here? The yield on the 10-year Treasury has fallen all the way back to 1.66% - that's the level it was at on February 11 when oil was below $30, credit spreads were blowing out, and the Dow was nearly 3K points lower. The yield on the 30-year Treasury of 2.46% is the lowest since February 2015.
    • The yield on the 2-year Treasury, though down to 0.77% after nearly touching 1% a couple of weeks back, remains well above the level of February 11 as the Fed preps for a summer rate hike.
    • It all adds up to a sharply flatter yield curve - the 2 year/10 year spread is just 89 basis points, the slimmest since late 2007. The Fed and most Wall Street economists today (as they did in 2007) shrug off the predictive power of the flat yield curve. TLT +0.55%, TBT -1.1%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, STPP, FLAT, LBND, VUSTX, TYBS, DLBL
    | Thu, Jun. 9, 11:26 AM | 24 Comments
  • Wed, Jun. 1, 10:12 AM
    • The PMI rose to 51.3 in May from 50.8 previously. Expectations had been for a modest decline. Leading the surprise increase was an outlier of a jump in Supplier Deliveries to 54.1 from 49.1. A higher number means delivery times are lengthening. Prices paid also saw a sizable 4.5 point increase to 63.5.
    • New Orders edged lower to 55.7, and Production fell 1.6 points to 52.6.
    • Despite the better-than-expected print, Treasurys are holding onto gains, with the 10-year yield down 2.5 basis points to 1.82%. TLT +0.65%, TBT -1.3%
    • Full report
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Wed, Jun. 1, 10:12 AM
  • Tue, May 31, 10:10 AM
    • The Chicago PMI unexpectedly slipped to 49.3 in May, its lowest level since February, and the sixth time in the last 12 months its been in contraction zone.
    • The May decline was led by a 6.6 point fall in Production, and a more mild setback in New Orders - with both subindexes slipping below 50.
    • Turning to consumer confidence, it fell in May to 92.6 from 94.7 in April, confounding expectations for a sizable increase.
    • Nevertheless, the hawks are in charge now at the FOMC, and the 10-year Treasury yield remains higher on the session by three basis points to 1.88%. TLT -0.5%, TBT +1%
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Tue, May 31, 10:10 AM | 1 Comment
  • Fri, May 27, 7:41 AM
    • The week's main Fed event is an appearance by the Fed boss this afternoon at Harvard. While many expect Yellen to give another boost to the recent hawkish turn by the Fed, Jeff Gundlach anticipates she'll use the appearance to temper bets on a more rapid rise in rates.
    • Gundlach says the Fed won't hike in June unless futures markets show the chances of such a move as greater than 50%. Those odds are currently at just 28%.
    • The 10-year Treasury yield is flat at 1.83%.
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Fri, May 27, 7:41 AM | 9 Comments
  • Thu, May 26, 7:48 PM
    • With traders holding back from the barbecue to take in Fed Chair Janet Yellen's speech Friday -- and following Fed Governor Jerome Powell's note today that a rate hike is appropriate "fairly soon" -- DoubleLine honcho Jeffrey Gundlach says he's expecting she'll be "dovish" when she speaks.
    • He does think, based on the yield curve, there's up to a 75% chance that the Fed will raise rates this year -- which would weaken the dollar.
    • And if the S&P 500 falls below 2,000, it's going to 1,600, he added. The index closed flat at 2,090 today.
    • Yellen will be making her first public appearance in almost two months when she takes part in a Q&A with Harvard's Gregory Mankiw after receiving the Radcliffe Medal Friday.
    • ETFs: SPY, SH, TBT, TLT, SSO, VOO, SDS, IVV, SPXU, UPRO, SPXL, TMV, RSP, SPXS, TBF, EDV, RWL, VFINX, TMF, EPS, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, SPLX, SFLALBND, SPUU, VUSTX, DLBL, TYBS, LLSP, RYARX
    | Thu, May 26, 7:48 PM | 34 Comments
  • Tue, May 24, 10:15 AM
    • Those angling for a hike in interest rates at the June FOMC meeting got a boost to their argument a few minutes ago, as new home sales in April soared way past expectations and to their highest level in eight years.
    • The 10-year Treasury yield is higher by three basis points to 1.864%. TLT -0.6%, TBT +1.2%
    • Short-term rate markets are pricing in about a 40% chance of a June move by the Fed, and a near-100% chance by summer's end. They've also begun pricing in odds of two rate hikes by the end of 2016.
    • ETFs: TBT, TLT, TMV, SHY, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, BIL, UBT, DLBS, TLO, VGSH, SHV, SCHO, LBND, VUSTX, DLBL, TYBS, SST, DTUS, TUZ, DTUL, RISE
    | Tue, May 24, 10:15 AM | 3 Comments
  • Mon, May 23, 11:59 AM
    • The hawkish reversal at the Fed over the past few sessions has sent the yield on the two-year Treasury note to 0.91% - it's highest level since March 15. Meanwhile, the 10-year Treasury yield has risen to just 1.85%, bringing the spread between the 2-year and the 10-year down to its lowest point since November 2007.
    • Then, as now, the Fed mostly shrugged off the yield curve's reliability as an indicator of a coming slowdown.
    • Fedspeak today and over the weekend continues to try and lay the groundwork for a June move. Short-term rate markets see just shy of a 30% chance of a hike next month. Markets await the week's main event - a speech from Janet Yellen at 1:15 ET on Friday.
    • ETFs: TBT, TLT, TMV, IEF, TBF, EDV, TMF, PST, TTT, ZROZ, VGLT, TLH, SBND, IEI, TYO, UBT, UST, DLBS, DTYS, TLO, VGIT, TBX, SCHR, ITE, GSY, LBND, TYD, DTYL, VUSTX, DLBL, TYBS, DFVL, TBZ, DFVS, TYNS
    | Mon, May 23, 11:59 AM | 1 Comment
  • Tue, May 17, 3:37 PM
    • Keeping bond traders on their toes, the Fed trotted out a couple of their moderates today to pronounce June a "live" meeting. Markets, say the Atlanta Fed's Dennis Lockhart and SF's John Williams have got it wrong in predicting a minuscule chance of a June rate hike.
    • Chastened thus, short-term rate markets sell off just a bit, with the two-year Treasury yield up three basis points to 0.82%, and Fed Funds futures upping the chance of a June move to about one-in-six.
    • The 10-year yield is flat at 1.76% and stocks are off more than 1%.
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Tue, May 17, 3:37 PM | 8 Comments
  • Fri, May 13, 2:31 PM
    | Fri, May 13, 2:31 PM | 6 Comments
  • Wed, May 4, 8:25 AM
    • Just 156K private-sector jobs were added in April, according to ADP, the weakest number going back at least one year (though July 2015 was 158K). Expectations were for 193K.
    • Checking revisions, the past three months are all lower: March's 200K gain was revised down to 194K, February's 214K was cut to 207K, and January's 205K was lowered to 193K.
    • Back to April: Service-producing sector jobs rose 166K, and the goods producing lost 11K, led by a 13K drop in manufacturing jobs.
    • Treasurys have added to gains, with TLT +0.4% and TBT -0.8% premarket. The 10-year yield is down two basis points at 1.78%.
    • Full report
    • ETFs: TBT, TLT, TMV, TBF, EDV, TMF, TTT, ZROZ, VGLT, TLH, SBND, UBT, DLBS, TLO, LBND, VUSTX, TYBS, DLBL
    | Wed, May 4, 8:25 AM | 23 Comments
EDV Description
Vanguard Extended Duration Treasury ETF seeks to track the performance of an index of extended-duration zero-coupon U.S. Treasury securities.
See more details on sponsor's website
Country: United States
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