BILS News and Press, SPDR Bloomberg Barclays 3-12 Month T-Bill From 05/30/23

2023-05-30 04:32:01 ET Investors are bracing for a week of political wrangling in Washington after President Biden and House Speaker Kevin McCarthy inked a deal on the debt limit. Both sides now have to muster enough votes to win Congressional approval, despite some opposition from ...

2023-05-23 07:15:28 ET While most investors are expecting an 11th-hour deal to be reached over the debt ceiling, interesting market dynamics are at play as the drama unfolds in Washington. Some triple-A corporate bonds from Microsoft ( NASDAQ: MSFT ) and Johnson & Johnson ( NY...

2023-05-22 03:57:00 ET A weekend full of drama saw both sides of the aisle continue to point fingers over the debt ceiling, before things took a positive turn on Sunday night as Air Force One returned from the G7 summit in Japan. "It went well," President Biden declared, after speaking ...

2023-05-22 02:10:00 ET Summary With mega-cap tech / growth up 25.95% this year), the semiconductor group is being pulled higher with it, despite the memory-related names still being in a tough downcycle. Inflation data has heated up (or at least not cooled down enough to the Fed&#...

2023-05-20 01:00:00 ET Summary Could massive monetary support have softened the deep bear market many expected? It is an interesting question. Particularly given the Fed has hiked rates at one of the most aggressive paces in history. Combined with inverted yield curves, surgin...

2023-05-17 13:53:00 ET Summary Warnings that the US economy is close to the tipping point for recession have endured for months, but the expansion keeps surprising on the upside. More of the same is likely for the immediate future, and perhaps longer. Economists are debating why t...

2023-05-15 10:35:00 ET Summary We think the U.S. debt limit showdown will spark renewed volatility in markets. That risk reinforces why we stay invested and cautious by going up in quality. Stocks were flat last week after U.S. data confirmed core inflation staying high. We think ...

2023-05-10 01:05:00 ET Summary Economists have been forecasting a recession would happen since the Federal Reserve (Fed) started raising interest rates back in March 2022. The federal funds rate has risen almost 500 basis points since last year, as the Fed has aggressively attacke...

2023-05-08 05:45:37 ET Summary Fed funds rate is now above 5%. The yield offered by BILS from a portfolio of T-bills is 5%. Unless the Fed begins cutting rates, other bills and notes offer better yields. The business cycle has four phases: expansion, peak, contractio...

2023-05-03 01:55:00 ET Summary Leading indicators of recession continue to worsen, as do many financial/credit metrics, but the economy stubbornly refuses to decline. Inflation continued to be elevated in March and, importantly, remained well above the Fed’s long-term goal ...