BILS News and Press, SPDR Bloomberg Barclays 3-12 Month T-Bill From 11/01/23

2023-11-01 09:05:00 ET Summary Historically, investors have been better served adding to their equity portfolios at the start of conflicts rather than reducing exposure or simply staying the course. How has the US stock market historically performed in the one year after the Fed e...

2023-10-31 14:50:00 ET Summary Since July, the probability of a recession starting sometime in the next 12 months has declined. However, the U.S. treasury yield curve is still inverted and the probability of recession remains elevated. The Recession Probability Track indicates...

2023-10-30 15:25:00 ET Summary Tectonic shifts in the U.S. financial sector are changing the markets for deposits and credit. This is a mega force we see affecting returns now and in the future. U.S. stocks hit five-month lows and 10-year Treasury yields rose above 5% last week. Q...

2023-10-30 07:45:20 ET This week's FOMC announcement on interest rates would typically be the big-name event for investors, but not this time around. While a Fed hike in December is up for debate, no one expects the central bank to raise rates this week, especially given recent economic dat...

2023-10-28 02:10:00 ET Summary Holding a tactical allocation to cash is less painful today than in the past due to high short-term interest rates. However, at some point, the Fed will cut rates, which will introduce reinvestment risk for investors holding T-bills. For investor...

2023-10-24 08:41:00 ET Related stories The Budget Deficit: Increasing At A Challenging Pace, And The Impact On TLT Fed Focus, Loving + Hating Earnings Season, Bonds Competing With Stocks U.S. Treasury returns set for worst month this year; Ackman short bet pays off ...

2023-10-24 03:21:00 ET Summary While some argue that inflation remains a concern in 2023, it certainly is trending in the right direction. The consensus is that 2023 will witness a small decline in corporate earnings but then improve again as we move into Q4 and 2024. Credit s...

2023-10-23 11:05:00 ET Summary Yields on the US 10-year are up nearly 150bp since April, within touching distance of 5%, and 30-year yields are now just over 5%, up from 3.7% in April. The two-year yield is up just 100bp over the same period. The yield curve has bear-steepened by ...

2023-10-20 17:48:43 ET Summary Policy rate hikes are likely at an end. But volatility across the Treasury yield curve isn't ending anytime soon. Low-cost ETFs like GBIL, spanning the full spectrum of <12-month maturities, offer shelter in the meantime. After a brief r...

2023-10-18 20:55:00 ET Summary With all the attention given to the recent surge in Treasury (UST) yields, there has been an interesting by-product in the process: steepening yield curves. Remember when inverted yield curves were all the rage, and their historical track record was ...