I'm currently invested in VSB.TO (https://www.vanguardcanada.ca/institu...), which is the cheapest bond fund I found (0.11% MER). It has a duration of 2.8 years.
Given that there's some aggrement that interest rates will rise in July, would it make sense to go to cash for a month? Or switch to floating rate? Are there any IG floating rate or floating trate Canadian Government bond ETFs?
Would there be any issues with HAB.TO? It's Horizons Corporate Bond, but I think it invests in both Canada and US (88% Canada, 10% US, and 1% UK), and it has a duration of 6.28, so how would that react to an interest rate hike?
Or what about buying a put on a long-term bond ETF? Because if interest rates rise, they should decrease in value?