Stockchase Opinions

Larry Berman CFA, CMT, CTA SPDR Bloomberg 1-3 Month T-Bill ETF BIL-N BUY Feb 24, 2025

To park USD for a year

BIL is a money-market-oriented ETF. For 2-3 years, look at SHV and SHY, to get interest rate exposure. He doesn't expect the Fed to cut rates for at least 1.5 years.

$91.670

Stock price when the opinion was issued

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Park US$ up to a year – where? BIL has a low MER and a yield to maturity of 2.4%. If you look further out he thinks the bond market further out is at risk.