January 31, 2023 The path and pace to higher interest rates in 2022 and its impact on the bond market was like a steep and strenuous climb for even the most seasoned hikers. Setting out from the valley floor, at the lowest interest rates in history, the terrain grew quickly and increasingly challenging as the … Continued
Watch Sand Hill’s Chief Investment Officer, Brenda Vingiello, CFA, join CNBC’s Squawk Box to discuss our view on bonds in this environment. The content was produced and provided by an unaffiliated third party entity. We are providing this video as a convenience only and such provision does not imply that Sand Hill or any of … Continued
July 28, 2022 A sleepy area of the bond market known as Series I Bonds has exploded in popularity this year, catching the attention of investors with its eye-popping 9.62% current yield. In a year in which most asset classes have delivered negative returns, a stable, predictable government guaranteed savings bond may seem appealing. And … Continued
On July 14, 2021, Sand Hill CIO Brenda Vingiello, CFA joined the CNBC Squawk Box program as a guest commentator once again. She discussed investing through possible volatility as the Fed starts to taper their bond buying program and as true inflation numbers start to appear. Brenda’s comments begin at the 2:01 mark below: The … Continued
On April 9, 2021, Sand Hill CIO Brenda Vingiello joined the CNBC Squawk Box program once again. With ramped up vaccine distribution and the U.S. being a global leader in economic stimulus, Brenda discusses how stocks are still an attractive place to be relative to bonds. Watch her full clip below: The content was produced … Continued
July 20, 2020 During WWII, the U.S. government aggressively sold war bonds to individual citizens, urging them to buy bonds to help support the war, and it proved to be a very successful campaign. Today, we are fighting a different kind of “war”, but we are not exactly being enticed by the government to save … Continued
In Wall Street’s eyes, there are few things more troubling than uncertainty, which has been in no short supply during this current economic cycle. The severity of the recession, the slow recovery, atypical reaction of some asset classes and the level and degree of central bank intervention have all contributed to elevated concerns. One of … Continued
Fears of a “great rotation” out of fixed income have gripped investors for the past few years as the Federal Reserve moves closer to raising interest rates for the first time in nearly a decade. For anyone who has studied the fixed income market, one of the first things you learn is the inverse relationship … Continued
The media is overly focused on propagating a falsehood, specifically, that bonds are now riskier than stocks. This is sensational financial journalism at best and, at its worst, potentially retirement damaging advice. It is a universally accepted truth that the 30-year plus tail wind to bond performance, caused by falling interest rates, is now behind … Continued