Trade Alert For Equity And ETF Models
This morning we added 2% to our iShares 1-3 Year Treasury Bond ETF (SHY) position in both models.
With the market now beginning to price in “higher for longer” by the Fed, the upside risk is limited regarding yields (lower bond prices). We are approaching the point where a Fed reversion to cutting interest rates is likely coming later this year, so we want to lock in higher yields and capture the capital appreciation as rates decline. We will continue to shift from our 1-3 month Treasury Bill ETF (BIL) to SHY as the technicals and fundamentals warrant.
Both Models
- Sell 2% of the portfolio in the iShares 1-3 month T-Bill ETF (BIL)
- Buy 2% of the portfolio in the iShares 1-3 year T-Bill ETF (SHY)
Lance Roberts is a Chief Portfolio Strategist/Economist for RIA Advisors. He is also the host of “The Lance Roberts Podcast” and Chief Editor of the “Real Investment Advice” website and author of “Real Investment Daily” blog and “Real Investment Report“. Follow Lance on Facebook, Twitter, Linked-In and YouTube
Customer Relationship Summary (Form CRS)