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Market Volatility Continues; Vanguard Portfolio Manager Discusses 60/40 Strategy

1 report, 1 independent Updated Sep 23
AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

The stock market is experiencing volatility, with the S&P 500 dropping 0.7% on Wednesday. Simultaneously, the 10-year Treasury yield surpassed 5.1%, marking its highest level since 2007. Brad Collins, a senior fixed income client portfolio manager at Vanguard, commented that the 60/40 balanced portfolio maintains restorative power from bond yields.

From cnbc.com

Why it matters

Some supportBrind's analysis of the reports

The decline in balanced portfolios, such as the iShares Core 60/40 Balanced Allocation ETF (AOR), reflects ongoing market uncertainty where both equities and bonds are seeing declines. This turbulence follows periods like 2022, when the AOR ETF tumbled about 17% alone.

From cnbc.com

Who's involved

  • Brad CollinsSenior fixed income client portfolio manager at Vanguard
  • VanguardFirm where Brad Collins serves as a senior portfolio manager

Keep exploring

The entities involved

  • Brad Collins

    American author and architectural historian

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  • Vanguard

    football club in Chelyabinsk

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Coverage

Newest first; wire copies grouped