2024-03-22 06:19:51 ET
Summary
- SPDR Bloomberg 1-3 Month T-Bill ETF is a hot topic of conversation amid an uncertain interest rate environment.
- The Federal Reserve's inaccuracy regarding future interest rates is stirring the pot.
- We think the money market and interest rates will deflate in late 2024 amid a potential slowdown in real economic growth.
- Although some variables suggest BIL's dividend yield will be sustained, numerous variables oppose the idea.
- We assign a Hold rating.
STOP! Stop listening to the news, stop listening to diplomatic speeches from the Federal Reserve, and stop doubting your own outlook on interest rates....
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BIL: Still Too Early To Divest, But Keep Tabs On It