SGOV

iShares 0-3 Month Treasury Bond ETF

research_scan theme='sovereign-fiscal-capacity'; value_chain_position='picks-and-shovels'; Short-duration T-bill vehicle is the dry-powder layer of the Survival Framework barbell (35% short-duration credit + T-bills). Maturity profile structurally exempts it from the C-24 financial-repression-on-duration mechanism; rolls at prevailing rates rather than absorbing inflation through fixed coupon. GENIUS Act stablecoin-Treasury captive bid is structurally concentrated at this end of the curve.