After two years of negative returns, the bond market is experiencing a revival, and the credit goes to the Federal Reserve, as per Vanguard‘s analysis. What Happened: In their Wednesday note, Vanguard, the investment management company, has attributed the recent positive turn in the bond market to the Federal Reserve’s actions, reported Business Insider. The firm’s strategists suggested that the Fed’s future rate cuts are prompting markets to believe that the historic rate-hiking cycle has concluded, implying an increase in bond prices and higher total returns over time. “Short-term pain can l…

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