-
Posted by
Two Blokes Jul 6 -
Filed in
Stock
-
7 views
GSY remains an attractive cash parking vehicle, outperforming T-Bills, especially during rate cuts, thanks to its higher duration and robust portfolio composition. The fund is overweight investment grade corporate bonds, offering a 4.63% 30-day SEC yield and a duration of 0.52 years, balancing yield and risk. Market expectations now point to no Fed rate cuts until September 2025, which will affect future yields as portfolio holdings mature and are reinvested.
