T. Rowe Price Ultra Short-Term Bond ETF (TBUX)
ARCA ARCA Primary 
TBUX: Not Too Worried About Credit Spreads
TBUX offers broad bond exposure with low duration and moderate credit risk, but lacks meaningful credit upside as credit spreads are near historical lows. You pay for that additional curation with around 0.02% more expense ratios than duration-comparable iShares Treasury ETFs. The macro backdrop is stable, with inflation moderating and Fed rate cuts likely, making longer duration bonds more tactical than ultra-short options like TBUX.
Play Defense in Bonds While Diversifying With TBUX
The second half brings with it ongoing volatility, tariff uncertainty, and lack of definitive market consensus as to what lies ahead. For advisors and investors wanting to increase defensive plays within bonds, the T.
More Dog Days of Summer for the U.S. Dollar
Don't hold your breath for dollar recovery odds this summer. After the worst first half for the U.S. dollar since Nixon's presidency, risk factors remain elevated in the near term.
Approach With Caution: U.S. Equities in the Second Half
July kicks off the beginning of the second half for markets, one likely riddled with ongoing uncertainty and rising risks. Despite recent stock gains, T.
T. Rowe's Second Half Bond & Equity Outlook
With U.S. tariff impacts becoming more apparent this summer, T. Rowe Price looks to opportunities, risks, and trends in the back half of the year.
Short Duration & TBUX a 2025 Investor Favorite
Investor worries over the current budget bill in Congress and its ballooning effects on the U.S. deficit, alongside recent downgrades to U.S. credit, sent bond yields climbing in response. Short and ultra-short duration bond ETFs like the actively managed T.
Active ETFs Gain Further Momentum in 2025
Increasing investor preference for actively managed strategies continues in this year's tumultuous environment. With active ETFs taking increasing market share, advisors and investors have ever-expanding choices when looking to augment existing passive exposures.
As U.S. Recession Fears Rise, Position Defensively With TBUX
Ultra-short and short duration bonds remain an attractive choice for investors looking to hedge in safe haven assets as recession risks rise. Delivering competitive yields with less sensitivity to inflation and interest rates compared to longer-duration bonds, they've proven popular during periods of market uncertainty and drawdown.
TBUX: Continues To Be A Buy In A Liquidity Constrained World
T. Rowe Price Ultra Short-Term Bond ETF remains a 'Buy' due to its robust performance, with minimal drawdowns under -0.5%, even during recent market volatility. Unlike other funds, TBUX's construction with corporate bonds and treasuries ensures high liquidity and minimal credit risk, making it a reliable cash parking vehicle. The fund's very short duration of 0.58 years and high investment-grade bond holdings contribute to its stability during market stress.
T. Rowe Price Strategist McMullen on Active Fixed Income in 2025
Two months into 2025, and the fixed income picture appears noticeably uncertain. Entering the year, many market watchers touted a view that emphasized adding duration.
Why Now's the Time for Active Short Duration Bond ETF TBUX
The age of active fixed income may really be here. With the Fed holding off on further rate cuts amid rising uncertainty, active adaptability in bonds may be ready to step up for investors.
Short Duration Still Has a Role to Play
What's the story in bonds looking to next year? Gauging how much duration to add to a portfolio certainly remains a key challenge.
