Claymore Inverse 10 Yr Gov Bond (CIB.TO)

(A Top Pick July 12/10. Down 4.29%.) Inverse 10 Yr Gov Bond. Had figured rate hikes would be more severe than they where. Still feels the rate hikes are coming and this should do better than most other bond products with the exception of probably the real return products.

Inverse 10 Yr Gov Bond ETF. It’s supposed to go up when rates go up as it is an inverse correlation. There hasn’t been any rate hikes so it has been dropping. (He uses this for his daughter’s RESP.) Honestly doesn’t know if you can make money in the bond market for the next year or two.

Inverse 10 Yr Gov Bond ETF. Basically going short on 10-year Canada. His view on a 10-year total return basis is low. Returns will be below 2%-3% over the next 1-2 years. Shorting bonds costs money because you have to pay the coupons. Not a buy and hold strategy.

Inverse 10 Yr Gov Bond ETF. Not a long-term hold product under any circumstances because it effectively has a short position on a 10-year government bond. This is for someone to hedge their position in the event of a rise in interest rates. Not for the average investor.

Inverse 10 Yr Gov Bond. A defensive play on bonds. He is being conservative on the income side. In the belief there are more rate hikes coming, this should give you the performance that is opposite of what the government ten-year bond is.