Positive
Seeking Alpha
7 months ago
SHY: Major Macro Week Will Dictate The Path Of Interest Rates
I reiterate my Hold rating on iShares 1-3 Year Treasury Bond ETF, as short-term rates are likely to remain steady amid moderate U.S. economic growth. The Fed is expected to keep rates unchanged this week, with market focus on statement language and potential dissents among FOMC members. Inflation appears contained, but long-term inflation expectations have ticked higher, impacting SHY's real yield outlook.