The Fed raised rates 25 basis points (0.25 percentage points) on 9/16. SGOV has gone up 10 basis points in one month; between 9/16 (3.64%) and 10/16 (3.74%). It's SEC Yield is still sitting at 3.74% on 10/20. Is there any further increase expected – due to the Fed action in September? Or has SGOV capped out at 3.74%?
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