TFLO: Betting Against A Fed Miracle (NYSEARCA:TFLO)

MicroStockHub/iStock via Getty Images The relative case for cash continues to strengthen, with the 30-day SEC yield on the iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) now at 5.3%, which is extremely high relative to inflation expectations and the yields available on risky bonds and stocks. It would likely take significant Fed rate cuts and…

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