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Vanguard LifeStrategy Funds Q3 2026
Rising inflation, concerns about government borrowing and stronger global economic growth led to a sharp fall in bond prices during the third quarter. Government borrowing costs rose to their highest levels in decades across the US and much of Europe. Oil prices were volatile and elevated, over 40%1 higher since the end of Q2 amid heightened geopolitical uncertainty. Despite these challenges, stock markets proved resilient, with Q2 company earnings beating expectations as continued investor enthusiasm for artificial intelligence (AI) supported share prices.
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