More "almost cash", ultra-short bond ETFs are on the way to fill the gaping void left by brokerages for a decent-yielding parking place. SSgA has filed to launch two new short-term bond ETFs, SPDR Lehman 1-3 Mo T-Bill ETF and SPDR Lehman Short-Term Treasury ETF. Barclays 1-3 Lehman Treasury ETF (symbol: SHY) has been the closest thing to a "money fund" ETF to date.

Email This Article

Use a comma or a semicolon to separate

captcha image