Vanguard has forecasted that inflation will remain sticky, so the U.S. central bank will continue raising rates. See more: “Consider High-Quality Bonds if a Recession Doesn’t Hit This Year” Currently, the curve is sloping upward, with the 10-year yield around 3%. VettaFi’s vice chairman Tom Lydon called Vanguard “the Hoover of the ETF industry” for how it’s vacuumed up investor dollars.