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XSAB

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1m

Analysis and statistics

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About

XSAB.TO represents the Horizons US 7-10 Year Treasury Bond ETF. It's a Canadian-listed exchange-traded fund designed to replicate the performance of an index composed of U.S. Treasury bonds with maturities ranging from 7 to 10 years. This ETF provides Canadian investors with exposure to the intermediate-term U.S. government bond market.
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Factors

Broad Market Interest Rates: Rising interest rates typically decrease bond prices, as newly issued bonds offer higher yields, making existing bonds less attractive.

Credit Spreads: Widening credit spreads, reflecting increased risk aversion, lower the value of corporate bonds held within XSAB.TO, while narrowing spreads have the opposite effect.

Inflation Expectations: Higher inflation expectations erode the real value of fixed-income securities, leading to lower bond prices and therefore, a lower ETF price.

Supply and Demand for the ETF: Greater demand for XSAB.TO than supply will push its price higher, while an oversupply relative to demand will result in a lower price.

Underlying Bond Prices: XSAB.TO's price is directly impacted by the price fluctuations of the Canadian aggregate bond index it tracks.

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