Big financial institutions don’t feel the need to offer competitive rates on certificates of deposit, which are universally below the world’s safest asset: Treasury bills.
Stephen Laipply, the US head of fixed-income ETFs at BlackRock, explains why ETFs focused on safe and simple Treasuries have attracted funds this year after the bond market's worst year on record in 2022.
The flows underscore the fragility of investor sentiment surrounding the new-year rally.
High ESG scores lead to both higher equity valuations and lower bond spreads.
The popular consumer bank has been raising the interest paid on its popular accounts as the yield on 10-year Treasuries surges.