Vanguard's Head of Fixed Income Head on Treasury Turmoil

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Vanguard's Head of Fixed Income, Sara Devereux, highlights the importance of term premium and affordability in the current Treasury market, with mortgage rates and supply-demand dynamics being key concerns.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Sara Devereux, Vanguard Global Head of Fixed Income, says the term premium is a key focus for the administration, with affordability top of mind. She tells Katie Greifeld and Romaine Bostick on “The Close” that mortgage rates and Treasury supply-demand dynamics remain central issues. (Source: Bloomberg)

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Original article published by Bloomberg on January 21, 2026.
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