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TTTX

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Analysis and statistics

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About

TTTX.TO is the ticker symbol for the Horizons US 7-10 Year Treasury Bond ETF, traded on the Toronto Stock Exchange (TSX). This ETF aims to replicate, to the extent possible, the performance of the Solactive US 7-10 Year Treasury Bond Index, net of expenses. The index is designed to measure the performance of U.S. dollar-denominated government bonds issued by the U.S. Treasury, with remaining maturities between 7 and 10 years. The ETF primarily invests in U.S. Treasury bonds and may use derivative instruments to achieve its investment objective. Investors should consult the ETF's prospectus for complete information before investing.

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Factors

Interest Rates: Higher rates typically decrease TTTX.TO value as bond yields rise, making existing bonds less attractive. Lower rates have the opposite effect.

Credit Spreads: Wider spreads indicate increased default risk, lowering the value of corporate bonds held by TTTX.TO. Narrower spreads have the opposite effect.

Inflation Expectations: Rising inflation expectations erode the real value of fixed income, thus decreasing TTTX.TO's price. Lower expectations may increase it.

Market Sentiment: Overall risk appetite influences demand for fixed income. Positive sentiment may lead to lower demand (and thus lower prices) while negative sentiment will lead to higher demand (and thus higher prices).

Liquidity: Lower liquidity in the underlying bond market can make it harder for the ETF to match its NAV, widening bid-ask spreads and impacting price.

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