Row 10267

Row ID: 10267 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 10267 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

If you don’t know: TBIL is an etf that buys 3-month treasury bills. So you yield whatever the current rate is minus .15% management fee.

I like it because it beats HYSA rates, while also having the tax benefits of treasury bills.

Plus (at least with Fidelity) the money is invested instantly, so you don’t need to wait for the deposit to clear to start earning.

But I’m too slow to understand how it technically works. Like, how do they keep the share price in line with the underlying asset?

How does the share price not change the more people buy or sell? Or due to the U.S. treasury decreasing yields?

If yields on t-bills plummet, will TBIL liquidity disappear, leaving me cooked?

That is all.

FieldValue
text If you don’t know: TBIL is an etf that buys 3-month treasury bills. So you yield whatever the current rate is minus .15% management fee. I like it because it beats HYSA rates, while also having the tax benefits of treasury bills. Plus (at least with Fidelity) the money is invested instantly, so you don’t need to wait for the deposit to clear to start earning. But I’m too slow to understand how it technically works. Like, how do they keep the share price in line with the underlying asset? How…
label r/investing
dataType post
communityName r/investing
datetime 2024-05-20
username_encoded Z0FBQUFBQm5Lakw1UllKSC1GaUc3VVlXRE1tMldKS0xWcFBmbWtyNjEtN2lRWXRmN3FsdGVROG1jRUpXMklVdDNxeC1OWExEUS1LQW1LQ2p6YmF1dl9COWxIcjdtcnoycmc9PQ==
url_encoded Z0FBQUFBQm5Lak9JdWVhaUQtbEk4U2JMZms4RTlNbmNaUkpDMGdURFJsWkh2UGx1OXRGWWFQd0kzTVF1Y3RHTEdTT3JXcWptUXo5bW5PYXlmM3poTzdCb29HMWtsdkVQcEExelJVNEt6WVFETGYzc1FXMTcwcno0QlpTR3pscS1qbWd0TzZ2ZWhONm5CbjU0T3NDbG9kYmRlNG9UM3ZSaDhhczVrV09kTE4yV3pjNXp2ODczaDRnPQ==

Raw Record

{
  "text": "If you don’t know: TBIL is an etf that buys 3-month treasury bills. So you yield whatever the current rate is minus .15% management fee.\n\nI like it because it beats HYSA rates, while also having the tax benefits of treasury bills.\n\nPlus (at least with Fidelity) the money is invested instantly, so you don’t need to wait for the deposit to clear to start earning.\n\nBut I’m too slow to understand how it technically works. Like, how do they keep the share price in line with the underlying asset?\n\nHow does the share price not change the more people buy or sell? Or due to the U.S. treasury decreasing yields?\n\nIf yields on t-bills plummet, will TBIL liquidity disappear, leaving me cooked?\n\nThat is all.",
  "label": "r/investing",
  "dataType": "post",
  "communityName": "r/investing",
  "datetime": "2024-05-20",
  "username_encoded": "Z0FBQUFBQm5Lakw1UllKSC1GaUc3VVlXRE1tMldKS0xWcFBmbWtyNjEtN2lRWXRmN3FsdGVROG1jRUpXMklVdDNxeC1OWExEUS1LQW1LQ2p6YmF1dl9COWxIcjdtcnoycmc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9JdWVhaUQtbEk4U2JMZms4RTlNbmNaUkpDMGdURFJsWkh2UGx1OXRGWWFQd0kzTVF1Y3RHTEdTT3JXcWptUXo5bW5PYXlmM3poTzdCb29HMWtsdkVQcEExelJVNEt6WVFETGYzc1FXMTcwcno0QlpTR3pscS1qbWd0TzZ2ZWhONm5CbjU0T3NDbG9kYmRlNG9UM3ZSaDhhczVrV09kTE4yV3pjNXp2ODczaDRnPQ=="
}

Entry Information