BILS News and Press, SPDR Bloomberg Barclays 3-12 Month T-Bill From 06/14/23

2023-06-14 12:15:00 ET Summary A hawkish hold need not be market-moving for dollar rates, and a lot of financial tightening is still in the pipeline. What’s more important is the tone and language used by Chair Powell, where a hawkish tilt should prevent yields from seeing ...

2023-06-12 22:12:00 ET Summary The US Treasury yield curve is at its most inverted since the 1980s. An inverted yield curve has been in place for five of the past six recessions. Fixed income has historically shown positive returns during recessionary periods. By M...

2023-06-12 03:22:00 ET Summary Considering the March banking crisis, non-financial debt growth was tepid for the second straight quarter. With its AAA rating and attractive liquidity profile, GSE obligations are the perfect asset for money market funds. A spike in yields would...

2023-06-09 15:10:00 ET Summary The Federal Reserve is expected to leave policy rates unchanged on 14 June, despite recent market pricing shifts. Conflicting data and mixed messages in recent data releases suggest it may be prudent for the Fed to pause and evaluate. If rates ar...

2023-06-05 09:20:00 ET Summary The stock market surged last Friday after the employment report showed a gain of over 300k jobs while the year-over-year change in average hourly earnings fell to 4.3%. The rally in REITs and small-cap value may be more important because sentiment is...

2023-06-03 02:19:00 ET Summary The Fed saw a reduction in its balance sheet of $177M. The majority of this was actually in Treasuries with less than 1-year maturity, totaling $102B. MBS fell short of the $35B reduction target yet again, seeing only $17.6B roll off the balance shee...

2023-06-02 00:30:00 ET Summary The Treasury yield curve is expected to return to a positive slope, with short-maturity yields below longer maturity yields. Despite strong nonfarm payroll reports, weaker numbers could emerge in the next few months due to a weakening manufacturing s...

2023-06-01 11:02:01 ET SPDR Bloomberg 3-12 Month T-Bill ETF ( BILS ) - $0.4018 . 30-Day SEC Yield of 4.74% as of May 30. Payable Jun 07; for shareholders of record Jun 02; ex-div Jun 01. For further details see: SPDR Bloomberg 3-12 Month T-Bill ETF declares month...

2023-05-31 03:27:43 ET Treasury yields continue to fall as a debt ceiling deal continues to advance on Capitol Hill. With a default nearly off the cards , the yield on the 10-year ( US10Y ) dropped 13 basis points on Tuesday to end the session at 3.69%, and slipped another 3 bps...

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 ...