Markets Daily

ETF Investors Can’t Get Enough Cash These Days

BlackRock fund focused on Treasury bills surpasses $50 billion in assets

BofA's Mensah Says Recession Projections Have Diminished

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Emily Graffeo, Ye Xie, and Phil Serafino

July 10, 2025 at 6:08 AM EDT

This article is for subscribers only.

Will Trump’s bill trigger a ‘big, beautiful’ energy crunch? On the latest episode of Trumponomics, we explore how the legislation’s attack on renewable energy may push up electricity bills and damage US competitiveness in AI. Listen on Apple, Spotify, or wherever you get your podcasts.

For all the talk of risk-taking and euphoria in financial markets right now (see Nvidia and Bitcoin below), consider this: Investors are pouring money into an exchange-traded fund run by BlackRock that invests in the shortest-maturity US government debt.