GOVT Looks A Bit Cheap

Valkyrie Trading Society
Investing Group Leader

Summary

  • GOVT has a YTM that is above the respective maturity point on the yield curve.
  • While duration is still a bit of a concern, because we think that we're going to see some more rate hikes, longer-duration issues should be on your watchlist.
  • The expense ratio is extremely low and it looks like good value.
  • Looking for a helping hand in the market? Members of The Value Lab get exclusive ideas and guidance to navigate any climate. Learn More »

US Savings Bonds. Savings bonds are debt securities issued by the U.S. Department of the Treasury. They are issued in Series EE or Series I.

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The iShares U.S. Treasury Bond ETF (BATS:GOVT) is a US Treasury ETF with a decent amount of duration. As we start wondering where rates will peak, with the first sign of faltering inflation showing itself, duration isn't such a bad thing. Among

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