Chris HeakesiShares Short Treasury Bond ETFSHVBUYJun 30, 2025

Good, short-term bond for US dollars sitting in your account. If rates are going up, you want shorter-term bills because there's more turnover.

Nothing wrong with using it instead of a money market fund to park US dollars. He doesn't own this one, but does own ones that are similar.

BIL is a money-market-oriented ETF. For 2-3 years, look at SHV and SHY, to get interest rate exposure. He doesn't expect the Fed to cut rates for at least 1.5 years.