Novice question in treasury bonds
I have some USD that I would need to use in 3 months. Basically I would need to conver to SGD.
I'm thinking of buying SGOV [iShares 0-3 Month Treasury Bond ETF NYSEARCA: SGOV] and earning some yield.
Does folks know if this is a safe asset to hold for 3 months (ie would there be price drop)?
Also, it seems like the price is lowest at start of the month and peak at end of the month. Is this a consistent trend?
Submitted December 27, 2023 at 12:51AM by paperboiko https://ift.tt/QYZdhb1
