Global Government Bond Yields: Rising global government bond yields generally lead to lower FGEB.TO prices as existing bonds become less attractive.

Interest Rate Expectations: Anticipation of future interest rate hikes by central banks can negatively impact FGEB.TO, while expectations of rate cuts can boost its price.

Inflation: Higher inflation typically decreases bond values, resulting in a decline in FGEB.TO's price, as investors demand higher yields to compensate for inflation.

Credit Quality: Changes in the perceived creditworthiness of the underlying government bonds affect FGEB.TO; downgrades lower the price, upgrades increase it.

Currency Fluctuations: As FGEB.TO holds global bonds, currency movements impact its value; a strengthening Canadian dollar lowers the price, a weakening dollar raises it.

Market Sentiment: Overall investor confidence and risk appetite influence bond demand; fear often drives investors to bonds (increasing FGEB.TO's price), while optimism reduces demand (lowering the price).