BIL Stock Recent News
BIL LATEST HEADLINES
The FOMC minutes reveal a focus on managing inflation and achieving long-term objectives. Participants view the policy rate as likely at or near its high, leaving the option for further hikes but with a base case of no further hikes and possible easing.
JAAA is one of my top-income ETFs for more conservative, short-term investors. The fund is broadly similar to t-bills and BIL, with a higher yield, but a bit more volatility. A comparison of these two funds follows.
Hello! For this week's ETF Wrap, I spoke to Michael Arone, chief investment strategist for the U.S. SPDR business at State Street Global Advisors, for his view of markets and where ETF investors may look for opportunities at this stage of the Federal Reserve's interest rate-hiking cycle.
U.S. Weekly Fund Flows Insight Report: Investors Embrace Money Market Funds During The Fund Flows Week, But Test The Waters Of Equity, Bond, And Commodity ETFs
GBIL: Balancing Income And Principal Protection
Since the last time I covered BIL, it has returned 1.12%, while the S&P 500 and BND are down about 1.09% and 1.64%, respectively. BIL provides a low-risk high-yield investment. BIL is getting a slight rating upgrade to a Strong Buy due to the expectation of higher interest rates for longer than previously expected.
The Fed may have held rates at this month's FOMC meeting but indicated the potential for one more hike before the year's end. Advisors and investors looking to optimize their bond exposures in a higher-for-longer rate environment should consider the NEOS Enhanced Income Aggregate Bond ETF (BNDI).
Higher Fed rates have led to higher rates on most bonds and fixed-income securities. T-bills have benefited more than most and currently yield +5.4%. An analysis and peer comparison of t-bills follows.
BIL is a short-term treasury fund with low volatility and a high total return profile, making it an ideal investment for retail investors. BIL is a credit risk-free investment fund with enticing yields as risk-free rates have risen. While some Bank CDs offer marginally higher yields (30-50bps higher yields), retail investors need to be mindful of early withdrawal fees and credit risk.
The Fed's top economists reversed previous recession predictions. The stock market, measured by the S&P 500, is up nearly 20% since January.