Market Cap N/A
Revenue (ttm) N/A
Net Income (ttm) N/A
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 1,184,629
Avg Vol N/A
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K N/A
Beta N/A
Analysts N/A
Price Target N/A

Company Profile

The fund will invest at least 80% of its assets in the component securities of the underlying index and it will invest at least 90% of its assets in U.S. Treasury securities that BFA believes will help the fund track the underlying index. The underlying index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to one year and less than three years.

Phone: 1-800-474-2737
Ro_Patel
Ro_Patel Jul. 8 at 7:57 PM
Watch the 10-yr Yield - Above 4.25% adds to US debt This why US Treasury is selling more Bills than Bonds to fund their massive US govt spending - shift reflects a tactical move to minimize near-term borrowing costs Note: Funding deficits w/ very short-term paper, there’s a risk that a shock could come along that puts that funding cost at risk - exposes you to higher interest rate volatility or more expensive financing costs down the road. If inflation suddenly rises & the Fed has to consider hiking rates, for example, that would increase the cost of short-term funding as yields on T-bills rise. In addition, a recession & contraction in economic activity could cause a drawdown in savings that reduces demand for short-term paper Treasury Borrowing Advisory Committee, which advises US Treasury, has recommended up to 20% of the govt’s outstanding debt be in the form of T-bills, but this is now likely to go higher to 25%-30% Currently, Money Market Funds are eating up short-term Bills $TLT $SHY
1 · Reply
Ro_Patel
Ro_Patel Jul. 3 at 7:23 PM
The GOP-led House pass the President Trump's massive spending bill by a vote of 219-214. Republicans went beyond taxes w/ the bill, by combining healthcare, immigration, military spending & other priorities into one too-big-to-fail piece of legislation. The strategy ultimately worked, w/ Republicans scattering enough sweeteners to overcome criticism from conservatives about budget deficits & worries from centrists about too-severe cuts to the social safety net. To help offset the cost of the new spending & tax cuts, the bill includes significant reductions in nutrition-assistance spending & for Medicaid (federal-state healthcare program for the poor & disabled). Many Medicaid recipients would face new work req'ts & more frequent eligibility checks, and states would encounter new limits on funding mechanisms that bring them federal Medicaid dollars. The bill would leave more than 11M additional people without health insurance in 2034 Est'd Deficit thru 2034: $3.4T $TLT $SHY $SPY $QQQ $GLD
2 · Reply
Ro_Patel
Ro_Patel Jul. 1 at 4:33 PM
Federal Reserve Chair Jerome Powell said that the US central bank would have eased monetary policy by now if not for President Trump’s tariff plan. “In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs,” The central bank’s policy-setting FOMC indicated via its so-called dot plot of members’ projections that there could be two cuts by the end of 2025. However, Powell also said at a press conference last month that the Fed was “well positioned” to remain in a wait-and-see mode. Fed funds futures traders are pricing in a more than 80.9% likelihood that the central bank once again holds rates steady at the July policy gathering “We are going meeting by meeting, I wouldn’t take any meeting off the table or put it directly on the table. It’s going to depend on how the data evolve.” $SHY $TLT $GLD $UUP - $SPY
1 · Reply
Ro_Patel
Ro_Patel Jul. 1 at 4:18 PM
The US Senate passes its version of President Trump’s mega-spending bill - the final vote was 51-50, w/ VP JD Vance casting a final, tie-breaking vote. For more than 24 hours, senators have voted on dozens of amendments to the bill in a marathon, record-breaking vote-a-rama session during which lawmakers voted on nearly 50 amendments. The bill goes back to the House - House Speaker Mike Johnson can only afford to lose 3 votes in his chamber to pass the legislation in a party-line vote. President Trump has repeatedly insisted that he wants the bill on his desk by July 4. $SPY $SHY $TLT $GLD $QQQ
0 · Reply
macroQmicro
macroQmicro Jun. 30 at 11:57 PM
Asset Classes ranked by price strength and price momentum re June 30 close: $SHY $HYG $EMB $TIP
0 · Reply
macroQmicro
macroQmicro Jun. 28 at 1:37 AM
Asset Classes ranked by price strength and price momentum re June 27 close: $SHY $HYG $QQQ $EMB
0 · Reply
macroQmicro
macroQmicro Jun. 27 at 1:14 AM
Asset Classes ranked by price strength and price momentum re June 26 close: $SHY $MBB $HYG $EMB
0 · Reply
Ro_Patel
Ro_Patel Jun. 26 at 7:21 PM
Your moment of zen: President Trump on Fed Chair Powell during remarks at a press conference at the NATO summit in the Netherlands: “He’s an average mentally person…Low IQ for what he does...I think he’s a very stupid person, actually.” Adding that Powell’s term is up “pretty soon fortunately, because I think he’s terrible.” Note: President Trump nominated Jerome Powell to be Chair of the Federal Reserve in Nov 2017 BTW: "We should be 2.5 Points lower" - is equivalent to 10 quarter-point rate cuts (~2/3rds of all FOMC cuts are quarter-point cuts) - the single-meeting record for Fed rate cuts sits at -100bps $TLT $SHY $SPY $GLD $IBIT
3 · Reply
macroQmicro
macroQmicro Jun. 26 at 1:33 AM
Asset Classes ranked by price strength and price momentum re June 25 close: $SHY $MBB $TI $IEF
0 · Reply
Ro_Patel
Ro_Patel Jun. 24 at 8:00 PM
Historically, the yield on the 10-year US Treasury bond tends to hover around +1.75 ppts above the CPI. As of May 2025, the US CPI rose to 2.4% y/y from 2.3% in April Implying +4.15% vs current 4.28% Ongoing growing supply from the US Federal Debt & weakening foreign demand has kept yields/premiums elevated. However, intermediary demand should mitigate for foreign demand erosion if the eSLR is dropped from 5% to 3.5% Fed Reserve Chair Powell said that potential changes to a key capital buffer should bolster banks’ roles as intermediaries in the US Treasuries market. “When the leverage ratio is binding, it discourages banks from undertaking low-margin, fairly safe activities such as mediation in the Treasury markets. This should encourage more mediation” $SHY $TLT $HYG $BND $XLF
0 · Reply
Latest News on SHY
Ro_Patel
Ro_Patel Jul. 8 at 7:57 PM
Watch the 10-yr Yield - Above 4.25% adds to US debt This why US Treasury is selling more Bills than Bonds to fund their massive US govt spending - shift reflects a tactical move to minimize near-term borrowing costs Note: Funding deficits w/ very short-term paper, there’s a risk that a shock could come along that puts that funding cost at risk - exposes you to higher interest rate volatility or more expensive financing costs down the road. If inflation suddenly rises & the Fed has to consider hiking rates, for example, that would increase the cost of short-term funding as yields on T-bills rise. In addition, a recession & contraction in economic activity could cause a drawdown in savings that reduces demand for short-term paper Treasury Borrowing Advisory Committee, which advises US Treasury, has recommended up to 20% of the govt’s outstanding debt be in the form of T-bills, but this is now likely to go higher to 25%-30% Currently, Money Market Funds are eating up short-term Bills $TLT $SHY
1 · Reply
Ro_Patel
Ro_Patel Jul. 3 at 7:23 PM
The GOP-led House pass the President Trump's massive spending bill by a vote of 219-214. Republicans went beyond taxes w/ the bill, by combining healthcare, immigration, military spending & other priorities into one too-big-to-fail piece of legislation. The strategy ultimately worked, w/ Republicans scattering enough sweeteners to overcome criticism from conservatives about budget deficits & worries from centrists about too-severe cuts to the social safety net. To help offset the cost of the new spending & tax cuts, the bill includes significant reductions in nutrition-assistance spending & for Medicaid (federal-state healthcare program for the poor & disabled). Many Medicaid recipients would face new work req'ts & more frequent eligibility checks, and states would encounter new limits on funding mechanisms that bring them federal Medicaid dollars. The bill would leave more than 11M additional people without health insurance in 2034 Est'd Deficit thru 2034: $3.4T $TLT $SHY $SPY $QQQ $GLD
2 · Reply
Ro_Patel
Ro_Patel Jul. 1 at 4:33 PM
Federal Reserve Chair Jerome Powell said that the US central bank would have eased monetary policy by now if not for President Trump’s tariff plan. “In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs,” The central bank’s policy-setting FOMC indicated via its so-called dot plot of members’ projections that there could be two cuts by the end of 2025. However, Powell also said at a press conference last month that the Fed was “well positioned” to remain in a wait-and-see mode. Fed funds futures traders are pricing in a more than 80.9% likelihood that the central bank once again holds rates steady at the July policy gathering “We are going meeting by meeting, I wouldn’t take any meeting off the table or put it directly on the table. It’s going to depend on how the data evolve.” $SHY $TLT $GLD $UUP - $SPY
1 · Reply
Ro_Patel
Ro_Patel Jul. 1 at 4:18 PM
The US Senate passes its version of President Trump’s mega-spending bill - the final vote was 51-50, w/ VP JD Vance casting a final, tie-breaking vote. For more than 24 hours, senators have voted on dozens of amendments to the bill in a marathon, record-breaking vote-a-rama session during which lawmakers voted on nearly 50 amendments. The bill goes back to the House - House Speaker Mike Johnson can only afford to lose 3 votes in his chamber to pass the legislation in a party-line vote. President Trump has repeatedly insisted that he wants the bill on his desk by July 4. $SPY $SHY $TLT $GLD $QQQ
0 · Reply
macroQmicro
macroQmicro Jun. 30 at 11:57 PM
Asset Classes ranked by price strength and price momentum re June 30 close: $SHY $HYG $EMB $TIP
0 · Reply
macroQmicro
macroQmicro Jun. 28 at 1:37 AM
Asset Classes ranked by price strength and price momentum re June 27 close: $SHY $HYG $QQQ $EMB
0 · Reply
macroQmicro
macroQmicro Jun. 27 at 1:14 AM
Asset Classes ranked by price strength and price momentum re June 26 close: $SHY $MBB $HYG $EMB
0 · Reply
Ro_Patel
Ro_Patel Jun. 26 at 7:21 PM
Your moment of zen: President Trump on Fed Chair Powell during remarks at a press conference at the NATO summit in the Netherlands: “He’s an average mentally person…Low IQ for what he does...I think he’s a very stupid person, actually.” Adding that Powell’s term is up “pretty soon fortunately, because I think he’s terrible.” Note: President Trump nominated Jerome Powell to be Chair of the Federal Reserve in Nov 2017 BTW: "We should be 2.5 Points lower" - is equivalent to 10 quarter-point rate cuts (~2/3rds of all FOMC cuts are quarter-point cuts) - the single-meeting record for Fed rate cuts sits at -100bps $TLT $SHY $SPY $GLD $IBIT
3 · Reply
macroQmicro
macroQmicro Jun. 26 at 1:33 AM
Asset Classes ranked by price strength and price momentum re June 25 close: $SHY $MBB $TI $IEF
0 · Reply
Ro_Patel
Ro_Patel Jun. 24 at 8:00 PM
Historically, the yield on the 10-year US Treasury bond tends to hover around +1.75 ppts above the CPI. As of May 2025, the US CPI rose to 2.4% y/y from 2.3% in April Implying +4.15% vs current 4.28% Ongoing growing supply from the US Federal Debt & weakening foreign demand has kept yields/premiums elevated. However, intermediary demand should mitigate for foreign demand erosion if the eSLR is dropped from 5% to 3.5% Fed Reserve Chair Powell said that potential changes to a key capital buffer should bolster banks’ roles as intermediaries in the US Treasuries market. “When the leverage ratio is binding, it discourages banks from undertaking low-margin, fairly safe activities such as mediation in the Treasury markets. This should encourage more mediation” $SHY $TLT $HYG $BND $XLF
0 · Reply
macroQmicro
macroQmicro Jun. 24 at 1:54 AM
Asset Classes ranked by price strength and price momentum re June 23 close: $UGA $USO $HYG $SHY
0 · Reply
GettnFibbywIT
GettnFibbywIT Jun. 23 at 8:34 PM
$SHY Important levels w/momentum that's been (so far) coming in below ...
0 · Reply
TalkMarkets
TalkMarkets Jun. 23 at 8:32 AM
Weekly Market Pulse: The Turkey Leg $IEF $SHY $UUP $SPX https://talkmarkets.com/content/commodities/weekly-market-pulse-the-turkey-leg?post=505251&userid=166882
0 · Reply
Ro_Patel
Ro_Patel Jun. 20 at 11:46 PM
Your moment of zen: President Trump playing armchair economist!! $TLT $SHY $TIP - $SPY $QQQ
4 · Reply
foghornL
foghornL Jun. 19 at 12:09 AM
$TLT $SHY $TNX if you think tariffs will cause inflation then you should be shorting bonds otherwise HONK HONK
0 · Reply
Ro_Patel
Ro_Patel Jun. 17 at 5:25 PM
The Fed board announces an open meeting to discuss proposed revisions to the supplementary leverage ratio standards which requires banks to set aside capital against assets regardless of their risk. The industry has argued the requirement was meant to serve as a baseline, requiring banks to hold capital against even very safe assets, but has grown over time to become a binding constraint on lending, and can actually hinder their abilities to intermediate Treasury markets during times of stress. The FRB has at least 5 potential options to align leverage ratios w/ the Basel leverage ratio framework’s goal: 1) setting eSLR leverage buffer at 50% of the applicable GSIB surcharge 2) setting eSLR leverage buffer at 50% of Method 1 GSIB surcharge 3) exempting Treasury securities & central bank reserves from SLR calculations 4) making eSLR leverage buffer countercyclical 5) exempting central bank reserves from SLR calculations without reducing the total amount of capital $XLF $TLT $TNX $SHY - $SPY
1 · Reply
Ro_Patel
Ro_Patel Jun. 12 at 9:34 PM
US Treasury sells $22B of 30-yr bonds at a high yield of 4.844% vs 4.859% when issued (up from 4.819% last month & the highest since Jan) Bid-to-cover 2.43x vs 6-month avg of 2.39x (last month's 2.314) Directs (domestic buyers) 23.4% vs 6-month avg of 22.3% Indirects 65.2% vs 6-month avg of 63.2% Dealers 11.4% vs 6-month avg of 14.4% -- Very good auction - surprising given how much the deficit/debt will grow - Foreigners surprisingly came through (looking for some goodwill??) CBO ests that enacting H.R. 1 & making 16 tax provisions within H.R. 1 permanent would raise debt-service costs by $687B over the 2025–2034 period & increase the bill's cumulative deficit effect to $4.5T vs $3T if not permanent Note: CBO projections assume 10-year Treasury yields of 4.1% this quarter & falling to 3.8% by 2034 Current rate at 4.363% (needs to get below green line At 4.5% then interest payments would be $1.8T above baseline through 2034 $SHY $TNX $TLT $GOVT - $SPY
0 · Reply
Kornie7
Kornie7 Jun. 12 at 1:02 PM
$TNX nice :) $TIP $SHY
0 · Reply
TalkMarkets
TalkMarkets Jun. 10 at 1:30 PM
Trump 2.0, Powell And The Bond Market $IEF $SHY $TLT https://talkmarkets.com/content/bonds/trump-20-powell-and-the-bond-market?post=502139&userid=166882
0 · Reply
TalkMarkets
TalkMarkets Jun. 10 at 12:46 PM
Fed Policy Is Still On Hold, But For How Long? $IEF $SHY https://talkmarkets.com/content/bonds/fed-policy-is-still-on-hold-but-for-how-long?post=502131&userid=166882
0 · Reply
Ro_Patel
Ro_Patel Jun. 9 at 5:10 PM
Various economic models argue that the US can justify debt levels rising beyond 175% of GDP based on the govt's ability to raise taxes to ensure interest payments on US Treasuries are met. However, these models fail to account for the fact that Congress is consistently unwilling to raise taxes or deal w/ spending. As a result, the validity of these models is questionable IMHO. Additionally, these models assume that there will be ample demand—both domestically & internationally—for US Treasuries. However, they do not take into consideration that the Trump admin is engaged in a tariff war & pursuing a weak-USD policy, which may undermine foreign demand Furthermore, the “One Big (Spending) Bill” includes a provision known as Section 899, which allows the US govt to impose punitive taxes on foreign holders of US assets based on subjective criteria. This provision will potentially dampen demand further in the face of a growing Treasury supply $SHY $TLT - $UUP $SPY $GLD
0 · Reply
Ro_Patel
Ro_Patel Jun. 9 at 3:25 PM
Goldman: Lower oil prices will weigh on consumer energy prices, which will slow headline inflation & offset a small share of the inflationary impact of tariffs Contribution of energy prices to y/y headline PCE inflation has already fallen from roughly 0.05pp in Jan to -0.2pp in March & under our energy strategists’ f/casts, we expect it to remain at -0.2pp over the rest of FY25 But this drag is much smaller than boost from tariffs & we therefore expect y/y headline PCE inflation to rise from 2.3% currently to 3.3% in Dec 2025 & 2.7% in Dec 2026 Our latest update of our commodity passthrough model suggests that impact of commodity prices on y/y core PCE inflation would range b/n -0.05pp to -0.10pp thru end of 2025 if oil prices remained around current levels Accting for our strategists’ f/cast of further declines in oil prices, we would expect the impulse on core inflation to fall by another 0.03-0.05pp (rule of thumb: ~4bp drag on core PCE per -10% decline in oil prices) $SHY $TLT - $USO
0 · Reply