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BMO Aggregate Bond Index ETF (ZAG $13.71)
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iShares Core Canadian Universe Bond Index ETF (XBB $28.00)
Q: What will be the impact of the Bank of Canada's likely rate cut from 2.75% to 2% on the ZAG or XBB ETFs?
Is it better to simply buy bonds directly rather than ETFs?
Is it better to simply buy bonds directly rather than ETFs?
5i Research Answer:
Rate cuts 'typically' have a positive impact on bond prices, but often this is priced in ahead...