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BIL's holdings consist solely of 1-3 month T-bills, making it a practically risk-free investment. The forecast for rate cuts has been pushed further out, making BIL even more attractive.
I'll be focusing on the SPDR Bloomberg 1-3 Month T-Bill ETF (NYSEARCA:BIL) for the remainder of this article, but everything here should apply to other t-bill funds and t-bills as an asset class ...
HONG KONG (Reuters) - China’s Legend Holdings <3396.HK> struck a deal on Friday to buy a 90 percent stake in Banque Internationale a Luxembourg (BIL) for 1.48 billion euros ($1.76 billion ...