SPDR Portfolio Intermediate Term Treasury ETF T.ITE

Primary Symbol: SPTI

to provide investment results that before fees and expenses correspond generally to the price and yield performance of an index that tracks the intermediateterm sector of the United States Treasury market In seeking to track the performance of the Bloomberg 3-10 Year U.S. Treasury Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc.

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SPDR Portfolio Intermediate Term Treasury ETF

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Post by Moneyloopon Apr 27, 2022 8:15pm

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Post# 34637431

Washington Approves More U.S. LNG Exports For Europe

n response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two U.S. plants currently in the development phase.

Texas-based Golden Pass LNG, owned by Exxon and Qatar Petroleum, have been authorized to export an additional 0.35 billion cubic feet per day of LNG, including to Europe. The second authorization is for Louisiana-based Magnolia LNG, owned by Glenfame Group LLC, to ship an additional 0.15 billion cubic feet per day, Bloomberg reports.

Golden Pass should be online in 2025, while Magnolia is expected to launch exports around 2027.

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