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  5. XLB: Hello, Thoughts on long term durations in Canada? [iShares Core Canadian Long Term Bond Index ETF]
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Q: Hello,

Thoughts on long term durations in Canada? Good entry for XLB?

Thanks.
Asked by Satish on December 12, 2024
5i Research Answer:

Canadian interest rates continue to drop, and this should be good for long duration bonds held by XLB. Year to date return is 2.96%, so no one is getting rich here yet. But we think as part of a diversified bond portfolio XLB can be included for potential gains while the Canadian economy remains weak enough to see more interest rate cuts over time. 

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