๐ ๐ก๏ธ Safe Haven: Investors Rush Capital into Short-Term Treasury ETFs.
Investors are moving into short-term U.S. Treasury ETFs while reducing their exposure to long-term bonds following warnings from JPMorgan CEO Jamie Dimon, CNBC reported.
๐ Key market takeaways:
๐ฐ SGOVโs success: The iShares 0-3 Month Treasury Bond ETF (SGOV) has attracted $47.5 billion in net inflows this year, reaching nearly $100 billion in assets.
โ ๏ธ Dimonโs warning: The executive said he would not buy long-term bonds, placing the yield on the 10-year at just between 4% and 4.5% (vs. the current 4.6%).
๐ฌ With caution from major banking leaders, do you prefer to shelter your capital in short-term debt, or do you still keep exposure to higher-risk assets? Comment below! ๐๐ฅ
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