Commodities will be lower for longer, but we're in a global cyclical upturn. This will lift commodity ETFs including this one. It's a decent holding, but also look at emerging markets.
(A Top Pick Feb 23/12. Up 4.83%.) Chart shows this is still basing at around $23 and has potential to go up. Risk/reward is pretty good.
Possible this is the worst investment for long-term hold one could make. When you factor in inflation, tax on distributions and MER, then you have no real return on your money. Shy away completely from it. Doesn’t mean you can’t trade it.
Long bonds are the only things negatively correlated to XIU-T
Bond prices have been flat for 5-6 months, locked into a trading range with no indications of a change.
20 year and longer bonds. If you are bullish on stocks short term then you don’t want to own this. Bond yields can only go so low. Good as a trading vehicle. You can use this from time to time to hedge equity exposure but it has volatility.
iShares Canadian Long Bond ETF is a Canadian stock, trading under the symbol XLB-T on the Toronto Stock Exchange (XLB-CT). It is usually referred to as TSX:XLB or XLB-T
In the last year, there was no coverage of iShares Canadian Long Bond ETF published on Stockchase.
iShares Canadian Long Bond ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Canadian Long Bond ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered iShares Canadian Long Bond ETF In the last year. It is a trending stock that is worth watching.
On 2023-03-22, iShares Canadian Long Bond ETF (XLB-T) stock closed at a price of $19.94.