Here is the link.
Consider this: In the period from May 1 to July 31, 2013, the bond market was hit hard as the yield on the 10-year note soared from 1.64% to 2.59%. (Keep in mind, prices and yields move in opposite directions.) During that time period, the Vanguard Long-Term Bond ETF (BLV) was hit for a loss of 10.1%, while the Vanguard Intermediate Term Bond ETF (BIV) declined 5.0%. In the same time period, however, the Vanguard Short Term Bond ETF (BSV) fell just 0.6%.
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