BILS - Interest Rates And Stocks: Heads You Lose... Tails You Lose

March, 01 2021 02:13 AM SPDR Bloomberg Barclays 3-12 Month T-Bill

In January 2020, the 10-year US Treasury had yield of 1.8%. The S&P 500 was on its way to a 4.6% gain and a new record high by February. Then, Covid-19 hit, and in the flight to safety that followed, the 10-year yield went below one-half of one percent.
When you consider that low interest rates are supposed to be good for business and good for stock prices, why wasn't there a hue and cry on the part of the media and pundits to buy stocks during this dramatic drop in rates?
Now that the market has righted itself, those same experts are warning us that rising interest rates and the specter of rising inflation are going to be bad for stocks.

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Company Name:	SPDR Bloomberg Barclays 3-12 Month T-Bill
Stock Symbol:	BILS
Market:	NYSE