Likewise, some investors avoid high-yield bond laddering strategies due to secondary market liquidity concerns (the best pricing usually goes to those with hundreds of thousands of dollars worth of Treasuries to buy and sell). Ultimately, STIP will maintain its inflation-influenced high yield, but the prospect of rate stagnation means bond pricing should rise over the coming months as the Fed slows or settles its pace in Fall, as many expect. If daily market moves make you sick but don’t trust the Fed’s flat outlook, you might prefer BIL to other bond ETFs to stash spare change.