Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy
I recently wrote about a trend that's making income investors excited: After years of failing to produce decent returns, bonds are back.
New Gamma ETF Mixes Large-Cap & T-Bill Exposure
On Tuesday, Tidal Financial Group and Gamma Capital Partners debuted the GammaRoad Market Navigation ETF (GMMA). “As markets continue to experience bouts of market volatility, the launch of this product comes at the right time.
Time to Invest in Cash-Like ETFs?
Wall Street has been struggling to find a footing in recent weeks. In such a scenario, investors want to keep money aside, raising demand for cash-like ETFs.
5 Hot ETFs of Last Week
ETFs across various categories pulled in $4.4 billion in capital last week. U.S. fixed-income ETFs led the way with $3.4 billion in inflows, followed by inflows of $2.4 billion in leveraged ETFs.
BIL: Prepare For Distribution Cuts
BIL ETF provides exposure to short-term U.S. Treasury Bills with high yields and stable prices. Rebalancing in August and September will likely lead to lower yields due to expected Fed rate cuts. BIL's yield is likely to drop around 1% into 2025, but market expectations for further Fed cuts look overdone.
BIL: Still Shines And Is Worth Holding
Fed maintains interest rates at 525 to 550 basis points, only planning one rate cut in 2024. SPDR Bloomberg 1-3 Month T-Bill ETF offers stability, 5.34% yield, and low expense ratio, making it a worthwhile investment for 2024. Bond-based ETFs like BIL are sensitive to interest rate changes and do not benefit from rate cuts due to T-Bill's ultra-short maturity dates.
State Street Rebalance of Active ETF Models Hint at Caution
Macro conditions remain a bit of a mixed bag. In the past week alone, the latest read on inflation surprised to the downside, while unemployment figures beat estimates to the upside.
