Fixed income is a portfolio stabilizer, says Devereux

Expert insight

July 21, 2025 Sara Devereux Vanguard Global Head of Fixed Income In a recent appearance on Bloomberg TV, Sara Devereux, global head of fixed income at Vanguard, underscored the importance of staying disciplined and building resilient portfolios in today’s uncertain economic environment. She pointed to fixed income as a strategic portfolio stabilizer amid tariff-driven inflation pressures and evolving policy dynamics. “We think it’s a good time to be disciplined—discipline delivers,” she said. “Look through the noise, focus on the long term, and build resilient portfolios.” Watch the full clip here. Related Links Article 3 min read Fixed income remains key to long-term diversification Apr 14, 2025 Article 3 min read Apr 14, 2025 Article 5 min read Talking credit: A linchpin in our active bond funds Jun 03, 2025 Article 5 min read Jun 03, 2025 Article 7 min read Active fixed income ETFs gain momentum Apr 21, 2025 Article 7 min read Apr 21, 2025 Notes: For more information about Vanguard funds and ETFs, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. All investing is subject to risk, including possible loss of principal. Diversification does not ensure a profit or protect against a loss. Bond funds are subject to the risk that an issuer will fail to make payments on time, and that bond prices will decline because of rising interest rates or negative perceptions of an issuer’s ability to make payments. Vanguard Information and Insights Subscribe to Vanguard. Get Vanguard news, insights, and timely analysis on the market, delivered straight to your inbox. Read our online privacy notice to learn about how we keep personal information private. You have certain cookies disabled on the Vanguard site. In order to watch videos on this site, you must agree to the use of cookies provided by YouTube. Click here to permit these cookies and watch the videos.