October 12, 2021
The Canadian economy added an impressive number of jobs last month, and our bond yields surged higher on the news. In today’s post I offer my take.
Posts from the ‘employment report’ Tag
August 9, 2021
Last week we received the latest Canadian and US employment reports, for July, and both offered useful insights for anyone keeping an eye on mortgage rates.
July 12, 2021
In today's post I explain why-bond market investors met last week's banner employment headline with a shrug.
July 5, 2021
In today's post I explain why the US employment data might well have more impact on Canadian mortgage rates than our own over the near term.
June 28, 2021
The five-year GoC bond yield that our five-year fixed mortgage rates are priced on has risen by 20 basis points over the last two weeks. Where will it go from here?
June 7, 2021
The latest US and CDN employment reports fell short of expectations once again. Today's post offers my take on the implications for Canadian mortgage rates.
May 10, 2021
Last week’s Canadian and US employment data cast doubt on the market consensus narrative that inflation is about to take off.
February 8, 2021
Last month saw a spike in job losses, but Government of Canada bond yields rose anyway. Today's post explains why.