Bond values today

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latak215
Posts: 34
Joined: Sat Nov 26, 2016 7:41 pm

Bond values today

Post by latak215 » Thu Jul 11, 2019 1:45 pm

Please help me understand why today VG investmentment grade bond etf vclt lost 1% of value intraday while less than investment grade mf vwehx seems to be holdIng well. Thanks

robertmcd
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Re: Bond values today

Post by robertmcd » Thu Jul 11, 2019 1:48 pm

long term bond yields went up due to a poor 30 yr treasury auction, in addition to an above expected inflation print.

livesoft
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Re: Bond values today

Post by livesoft » Thu Jul 11, 2019 1:49 pm

Today was a good day to buy bond fund shares.
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Housedoc
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Location: Alabama

Re: Bond values today

Post by Housedoc » Thu Jul 11, 2019 4:01 pm

livesoft wrote:
Thu Jul 11, 2019 1:49 pm
Today was a good day to buy bond fund shares.
Not being a bond guy, using my pension as "bond fund" will you please educate me on why today was a good day. Serious question, not joking.

livesoft
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Re: Bond values today

Post by livesoft » Thu Jul 11, 2019 4:38 pm

Any day that bond funds drop more than 0.4% intraday is a good day to buy bond funds. Bond ETFs closed up from that point, so you made money today despite their drop.

Typical trade for today: Sell short-term corporate bond index and buy total US bond index. And when bond funds are up 0.5% in a day reverse that trade.
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Topic Author
latak215
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Joined: Sat Nov 26, 2016 7:41 pm

Re: Bond values today

Post by latak215 » Thu Jul 11, 2019 6:45 pm

So informative. Thanks

vipertom1970
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Joined: Fri Jun 21, 2019 7:06 pm

Re: Bond values today

Post by vipertom1970 » Thu Jul 11, 2019 7:03 pm

I have Fidelity US Bond index FXNAX but wondering how do you know if FXNAX goes up or down before market closes like individual stock ?

Topic Author
latak215
Posts: 34
Joined: Sat Nov 26, 2016 7:41 pm

Re: Bond values today

Post by latak215 » Thu Jul 11, 2019 7:12 pm

If there is an equivalent etf you may get some idea .

livesoft
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Re: Bond values today

Post by livesoft » Thu Jul 11, 2019 7:13 pm

vipertom1970 wrote:
Thu Jul 11, 2019 7:03 pm
I have Fidelity US Bond index FXNAX but wondering how do you know if FXNAX goes up or down before market closes like individual stock ?
I use bond ETFs to tell me. They are a pretty good indicator of how bond funds will change as long as one is looking close to the market close (and one remains aware of ex-dividend nuances).
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dalbright
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Re: Bond values today

Post by dalbright » Thu Jul 11, 2019 8:39 pm

vipertom1970 wrote:
Thu Jul 11, 2019 7:03 pm
I have Fidelity US Bond index FXNAX but wondering how do you know if FXNAX goes up or down before market closes like individual stock ?
I own fxnax as part of my 401k (as well as pimix) and use bnd (vanguards near equivalent) to give me an idea of what fxnax is roughly doing. They aren't identical but close enough for intraday estimation.

vipertom1970
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Joined: Fri Jun 21, 2019 7:06 pm

Re: Bond values today

Post by vipertom1970 » Thu Jul 11, 2019 10:48 pm

thank you, I just need a good entry point since I just completed my IRA roll-over from my 401k.

ronno2018
Posts: 120
Joined: Sat Apr 14, 2018 9:31 am

Re: Bond values today

Post by ronno2018 » Thu Jul 11, 2019 11:31 pm

It is always so interesting to see the bond funds reaction to stock values and interest rate changes and the variation in the ones I hold each day, VTEB down .19 BND down .27 BNDX down .11 c'est la vie.

MotoTrojan
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Joined: Wed Feb 01, 2017 8:39 pm

Re: Bond values today

Post by MotoTrojan » Thu Jul 11, 2019 11:39 pm

vipertom1970 wrote:
Thu Jul 11, 2019 10:48 pm
thank you, I just need a good entry point since I just completed my IRA roll-over from my 401k.
Tomorrow.

TaxingAccount
Posts: 75
Joined: Sun Mar 17, 2019 8:34 am

Re: Bond values today

Post by TaxingAccount » Fri Jul 12, 2019 3:04 am

wow after having no inflation for 10 years i finally decided to put 20k into bonds when the market opened. Guess I bought at the top because a few minutes later the inflation report came out hot and yields shot up and today their up again guess i should have just stayed in cash.

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