Does it make sense to keep bond allocation in SGOV instead BND in deferred accounts?

[LmG7119]

I know it is ok to keep 2nd-level emergency funds in SGOV at taxable account but I'm wondering in the current market would anyone switch Bond allocation to SGOV

Any thoughts?

[placeholder]

I know it is ok to keep 2nd-level emergency funds in SGOV at taxable account but I'm wondering in the current market would anyone switch Bond allocation to SGOV

The time to change your bond index fund to short term was over a year ago so you're late and I suspect that you haven't looked at the sec yield going forward of the bond index fund.

[jvini]

Yes, I think it does, especially if you think rates will stay high or rise. I hid in a stable value fund for 2022 and now switched most of my bond allocation into SGOV. It's also where I'm holding cash. When the Fed tells us they're lowering, I'll put some of that SGOV money into VGIT. I'm think about some 1 and 2 year treasuries also for money I won't need for a while.

[dcabler]

No because I don't market time, not even with the fixed income side of things...

SGOV, btw, is a perfectly fine emergency fund choice.
As are TBIL and SHV

Cheers.

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I did swap out my stable value for fidelity's premium money market because the rate is about 2% higher but I didn't change my allocation to bond index so roughly maintaining my 50/50 allocation between them.