A sensible choice: Vanguard Short-Term Investment-Grade Fund, which yields 2.8% and has a duration of 1.9.
Vanguard短期投资级基金(Vanguard Short - Term Investment - Grade Fund)不失为一个明智选择。该基金收益率2.8%,久期1.9。
2
So a two-year bank CD or a Treasury inflation-protected security yielding around 2%, and short-term investment-grade bond funds at 2% plus, aren't the end of the world.