Posts from the ‘Monday Morning Interest Rate Updates’ Category

  • Will the Recent Bond Yield Run-up Push Canadian Mortgage Rates Higher?

    Monday Morning Interest Rate Update for September 16, 2019

    When the Bank of Canada (BoC) met on September 4, the Government of Canada (GoC) five-year bond yield stood at 1.12%, which marked a 52-week low. At the end of that meeting the Bank surprised market watchers when it released a more bullish than expected policy statement, and since then, our bond yields have moved […]

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  • The Bank of Canada’s Surprising Announcement

    Monday Morning Interest Rate Update for September 9, 2019

    Last week the Bank of Canada (BoC) left its policy rate unchanged, at 1.75%, as the consensus expected, but it also surprised market watchers by maintaining policy-rate language that gave no hint of rate cuts to come.

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