BMO Government Bond Index ETFZGB.TOBUYNov 27, 2025Stock price when the opinion was issued
As of Nov 02, 2026. Market Open.
With the fiscal outlook in the world, there are better things to invest in than government bonds. Will be challenged for a long time.
That said, one of his favourite tactical trades right now involves the bond market where yields have risen. So he'd stick with the trade for a little while longer. But if long bonds and interest rates fall 50-75 basis points, you'll want to get out of the position.
Not something for most people's portfolios, when real returns are low or negative. Safe, but don't give you the return you need.
Buy bonds for some sort of safety in a portfolio, and also as a counterweight during growth shocks. With those shocks, stocks tend to go down and bonds tend to go up. The higher a bond is in the capital structure (such as a government bond), the better it does.
See his Top Picks, but if you want to go shorter try this ETF. Yield is in the 3% range.