Bond returns cooled in the second quarter, as investors worried about the inflationary impact of tariffs and the growing federal budget deficit. The actively managed Vanguard Short-Term ...

Munis declined modestly. Interest rate volatility drove municipal bond (muni) returns lower in March. Concerns about future tax policy and federal spending cuts also weighed on the market. Economy ...

Interest rate volatility, federal spending cuts and tax policy uncertainty drove municipal bond returns lower early in the quarter. Security selection was the main driver of underperformance compared ...