Is it time to sell the GGOV ETF?

Hi Tim,

The GGOV ETF is a BetaShares US Treasury Bond 20+ Year ETF traded on the ASX which looks to track a portfolio of Treasury Bonds with maturities of 20 or more years.

At this stage we are giving the position more room although the central banks have pushed the hawkish pedal a touch more aggressively than we expected of late. However its important to remember that this is a long dated bond position hence its not as correlated to rate hikes by the Fed as say the rate sensitive 2-year yield.

Hence if we are correct and the aggressive rate hikes of the last year starts to hurt the consumer and push the US, and Australian economies towards a recession this position should be well placed as bond yields track lower.

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BetaShares Treasury Bond +20-year ETF (GGOV)

LAST UPDATED 17/02/2023 12:04

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chart

BetaShares Treasury Bond +20-year ETF (GGOV)

LAST UPDATED 17/02/2023 12:04