The U.S. Treasury set a record by borrowing $839 billion in a single week from October 26 to 29, 2026, mostly through short-term bills rather than long-term bonds. Despite the large supply, long bond prices rose and yields fell, as only $106 billion was new borrowing and investors favored short-term debt amid potential Fed rate hikes. The upcoming November 4 refunding will be a key test for long bond demand and prices, especially if coupon sizes increase amid ongoing Fed tightening. Investors may watch short-term Treasury ETFs as alternatives with less duration risk if rates rise further.
Long-term Treasury bonds remain supported as the iShares 20 Plus Year Treasury Bond ETF (TLT) trades at USD 81.84, up 0.43% on the day. Short-term Treasury bills also see steady interest with the iShares 0-3 Month Treasury Bond ETF (SGOV) at USD 100.73, unchanged from its 52-week high. These prices reflect investor preferences on Pluang as of Oct 31, 2026, 23:31 WIB.
The Ellsworth Growth and Income Fund Preferred (ECF-A) currently trades below par, presenting a yield-to-worst of nearly 7.2%. Its slower recovery compared to major bond ETFs is due to lower liquidity, creating a tactical opportunity as spreads are e...
The same ETF can show different yield numbers on the same day due to varying calculation methods. Distribution yield reflects the latest payout annualized, which can be skewed by unusually large or small payments. The 30-day SEC yield is standardized...
