The investment seeks to track the price and yield performance, before fees and expenses, of the Bloomberg U.S. Treasury Floating Rate Bond Index (the "index"). The fund invests at least 80% of its ...

Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...

The U.S. Treasury said it’s keeping an eye on rising demand for the shortest-dated federal securities—from both the Federal Reserve and the private sector—but still offered no tilt on Wednesday toward ...

The US Treasury said it's keeping an eye on rising demand for the shortest-dated federal securities, but still offered no tilt toward trimming sales of notes and bonds. The department said it ...

The US Treasury indicated it’s not looking to boost sales of notes and bonds until well into next year, in a decision that will see the government increasingly rely on bills to fund the budget deficit ...