David BaskiniUnits Govmnt 5 yr BondXGV.TOCOMMENTNov 08, 2005

What you should look at is a chart of yields. Short term yields are going higher. Look for a pull back to at least the last low before buying.

Not a bad investment for an individual. Very safe. It's about as close as you can get to cash.

Feels there is risk in the bond market.

These I units are a call on interest rates, particularly Canadian. Not very bearish on Canadian interest rates. Doesn't expect the 5-year rates to move substantially, so probably a safe investment for now.