An asset class that includes a broad index of US investment-grade taxable bonds with maturities of at least one year.
“Investment-grade” describes bonds that rating agencies (like Standard & Poor's or Moody's) have evaluated and believe to have a strong ability to meet their financial commitments and a low risk of default. The maturity of a bond is the length of time until it must be paid back.
Ellevest Digital and Premium investment portfolios that include US Total Bond Market in the investment mix do so through mutual or exchange-traded funds (ETFs), not individual bonds.
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