Vanguard Predicts Bonds To Make Strong Comeback: 'Short-Term Pain Can Lead To Long-Term Gain'

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.