Investors Pour $47.5 Billion Into Short-Term Treasuries as Dimon Warns Off Long Bonds
Updated
Updated · CNBC · Jul 21
Investors Pour $47.5 Billion Into Short-Term Treasuries as Dimon Warns Off Long Bonds
3 articles · Updated · CNBC · Jul 21
Summary
$47.5 billion has flowed this year into iShares 0-3 Month Treasury Bond ETF SGOV, making it the top bond ETF for inflows and lifting assets to nearly $100 billion.
Jamie Dimon reinforced that shift this week, saying he would not buy long-dated Treasuries or richly valued stocks and arguing the 10-year yield should be around 4% to 4.5%.
At 4.6%, the 10-year Treasury yield has climbed for most of 2026 as markets moved from expecting Fed cuts to pricing a possible hike, pressuring long-bond prices.
The move to the short end has persisted even as equity ETFs drew record money, with SGOV ranking No. 5 among all ETFs for June flows and echoing a broader dash into ultra-short maturities.