USDU ETF

By Kevin Flanagan Key Takeaways Mid-November repositioning in the Bianco Research Fixed Income Total Return Index (BTRINDX) included a shift to a neutral duration, reflecting a response to higher Treasury yields and persistent economic strength.

A Bloomberg gauge of the dollar rose to the highest level in more than a month after a stronger jobs report diminished rate cut bet hopes.

In the face of growing concerns over a potential government shutdown, the U.S. dollar consolidated its position as the premier financial haven for investors worldwide.

USDU offers investors exposure to a strategy designed to benefit from a bullish outlook on the US dollar. The US dollar has been underperforming against major currencies, with the DXY index down over 2% this year. Despite the dollar's recent weakness, I believe it has now reached an attractive level.