As the title states, what’s the max risk of a short term treasury ETF (e.g. SGOV)? I’ve always thought of those as absolutely bullet proof. Maybe not high performance, but about as safe as you can get. Lately, I’ve heard people say that this administration wants to convert existing treasuries into 100 year contracts??? Is that even possible? What would that mean for an ETF made of 0-3 month bonds? I just can’t comprehend this. Can’t anyone explain, or does anyone have the back story?
Thanks in advance for your replies!