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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  • Five Inflation Highlights with Implications for Canadian Mortgage Rates

    Monday Morning Interest Rate Update for May 21, 2019

    The Bank of Canada (BoC) recently reminded us that its primary mandate is to keep inflation “low, stable and predictable”, even if doing so “may create side effects that make the economy vulnerable to new shocks.” Given that, anyone keeping an eye on mortgage rates should be paying closing attention to the inflation data, the […]

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