It's been a really mixed bag.
Scott Berry
There are not a lot of screaming opportunities out there.
opportunities
And as rates go higher, that should go higher, too.
If you look at the performance of money market funds versus ultra-shorts, ultra-shorts have really held up well. They've done what they were designed to do: They've preserved principal and provided more yield than the money market. And even though the gap has narrowed, they're still yielding more... And over time, that little bit can add up to a lot.
money time market performance
It's good to recycle them to help the environment instead of throwing them into a landfill. They will never go away there.
environment good
It is a continuous cycle. When we ship it out, we hope they will take them to a recycle center, and they send them somewhere else.
ship hope
Yields are compressed in a very narrow range close to 4%.
close
This group hasn't been fazed by the Federal Reserve's string of interest rate hikes.
interest
Most funds we see keep their interest rate bets to a minimum.
We're very happy (to get two sweeps). We heard a lot of good things about Minot State coming in here.
happy good things state
You must log in to post a comment.
There are no comments yet.