AGG News & Analysis

10-Year Treasury Yield Hits Highest Level Since 2007

The 10-year treasury yield reached its highest level since 2007 due to a bond market selloff, leading to unrealized losses for investors holding bond mutual funds or ETFs. Both the Vanguard Total Bond Market Index Fund ETF (BND) and the iShares Core U.S. Aggregate Bond ETF (AGG) are down more than 3.5% year to date. Investors are encouraged to consider tax-loss harvesting - selling at a loss to offset gains in other investments - as continuing high yields could offer potential opportunities. This strategy allows investors to manage tax liabilities and improve yield efficiency during market volatility.