iShares 1-3 Year International Treasury Bond ETF

IGOV

Market cap $1.13B

With talk of rate cuts getting more audible, they almost seem inevitable. Indeed, the CME FedWatch is forecasting an almost 90% chance of cuts.

IGOV offers diversified exposure to high-quality, non-US government bonds, providing a hedge against US economic and currency risks. Despite a low dividend yield, IGOV's appeal lies in its broad international bond holdings and strong credit quality, with one-third rated higher than US Treasuries. The ETF acts as an alternative to foreign currency ETFs, benefiting from recent negative correlation with the US Dollar and potential for further upside.