iShares 3-7 Year Treasury Bond ETF

For investors who want US government debt but not the wild price swings of long bonds, IEI sits in the middle of the curve. It holds Treasury notes maturing in three to seven years, tracking an ICE index of that segment, and reinvests as bonds age out of the range. That intermediate duration means the fund moves more than a T-bill fund when interest rates change, but far less than a 20-year Treasury fund, giving it a balance of yield and stability. There is effectively no default risk, since Washington backs the paper. iShares, BlackRock's ETF arm, has offered it since 2007. It shows up in portfolios as a core bond holding, a ballast against stock declines, and a way to lock in government yields at a maturity that many investors consider the sweet spot of the Treasury market.

On MyRWA, IEI trades tokenized across 1 on-chain venue - see the listings below.