TBIL: A Place To Park Cash

Macrotips Trading
6.02K Followers

Summary

  • The TBIL ETF is a newly launched ETF that aims to provide exposure to 3-month treasury bills.
  • It has a 30-day SEC yield of 3.5%.
  • The TBIL ETF may be suitable for investors looking for a high yielding place to park cash.

government check

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The US Treasury 3 Month Bill ETF (NASDAQ:TBIL) is a new exchange-traded fund ("ETF") that aims to provide low-cost exposure to treasury bill returns. With the Fed aggressively increasing interest rates, investors finally have a chance to earn

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6.02K Followers
Author of the Macro Trends & Inflection Points Newsletter. I spent 5 years as a co-founder and hedge fund CIO / manager. Before that, I was a hedge fund analyst/portfolio manager at a leading Canadian alternative asset manager. I write articles as part of my own due diligence on the stocks that I find interesting.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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