FYI: U.S. Treasury bonds can serve as a ballast for your portfolio during turbulent markets because they offer diversification benefits. The total returns of Treasury bonds are negatively correlated with the U.S. stock market. These low-risk securities are also backed by the United States government, so they carry minuscule credit risk, or the risk that the lender won’t make good on coupon payments. iShares US Treasury Bond ETF (GOVT) is a compelling option for exposure to U.S. Treasuries across the entire yield curve. This low-cost strategy earns a Morningstar Analyst Rating of Bronze.
Regards,
Ted
https://www.morningstar.com/articles/918524/balance-a-stockheavy-portfolio-with-this-etf.html
