SHY Stock Recent News

The S&P 500 started off the second quarter of 2024 in the red, finishing down 0.95% from last week. The index is currently up 9.73% year to date and has set a new record closing high 22 times so far this year.

This article takes a look at a long-term perspective on Treasury yields. The chart below shows the 10-year constant-maturity yield since 1962 along with the Fed funds rate (FFR) and inflation.

The yield on the 10-year note ended March 22, 2024 at 4.22%, the 2-year note ended at 4.59%, and the 30-year at 4.39%. Here is a table showing the yields' highs and lows and the FFR since 2007.

The S&P 500 fell 0.7% on Friday, which led to a weekly loss of 0.1%. The index has declined for two straight weeks for the first time since October.

iShares 1-3 Year Treasury Bond ETF provides exposure to short-term U.S. Treasury bonds and offers stability and attractive yields. SHY holds exclusively U.S. Treasuries, eliminating credit risk, and has a stable price with an average yield to maturity of 4.56%. Vanguard Short-Term Treasury ETF is a cheaper alternative to SHY, with similar investment objectives and historically better performance.

The yield on the 10-year note ended March 8, 2024 at 4.09%, the 2-year note ended at 4.48%, and the 30-year at 4.26%. Here is a table showing the yields' highs and lows and the FFR since 2007.

The S&P 500 fell 0.7% on Friday following the release of February's jobs report. Friday's loss saw the index finishing down 0.3% for the week.

This article takes a look at a long-term perspective on Treasury yields. The chart below shows the 10-year constant-maturity yield since 1962 along with the Fed funds rate (FFR) and inflation.

The S&P 500 finished the week up 1.0%, notching another new record close. The index is currently up 8.31% year to date and has set a new record closing high 15 times so far this year.

Overall, ETFs pulled in $10.3 billion in capital last week, taking year-to-date inflows to $31 billion.