iShares USD Treasury Bond 20+ Year EUR-Hedged D

iShares USD Treasury Bond 20+ Year EUR-Hedged D is an exchange-traded fund that seeks to provide exposure to the longer end of the U.S. Treasury bond curve while mitigating currency risk for Euro investors. It primarily invests in U.S. Treasury bonds with maturities greater than 20 years, aiming to benefit from the relative stability and safety of U.S. government debt instruments. A distinctive feature of this ETF is its Euro currency hedge, designed to protect Euro-based investors from fluctuations in the exchange rate between the U.S. dollar and the Euro. This makes it an attractive option for European investors looking to participate in the U.S. Treasury market without exposure to currency risk. The fund plays a vital role in a diversified portfolio by potentially offering steady income through interest payments and acting as a hedge against equity market volatility, especially in times of economic uncertainty or declining interest rates, when longer-term bonds typically appreciate.