FYI: Short-term Treasuries are among the safest assets available to investors. They carry virtually no credit risk and little interest-rate risk. They’ve also tended to do well when stocks haven’t. Additionally, the opportunity cost of investing in an ultra-safe asset like short-term Treasuries is not as steep now as it has been historically. This is because the yield curve has been fairly flat, meaning that investors have not been compensated for taking additional risk.
Regards,
Ted
https://www.morningstar.com/articles/946886/short-term-treasury-etfs-offer-safety-but-not-much-else