Posts tagged ‘employment report’
Canadian Employment Surges and Bond Yields Spike Again
Monday Morning Interest Rate Update for 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.
Employment Growth Surges, But So Do US Infection Rates
Monday Morning Interest Rate Update for 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.
Canadian Employment Surges, But Bond Yields Don’t
Monday Morning Interest Rate Update for July 12, 2021
In today’s post I explain why-bond market investors met last week’s banner employment headline with a shrug.
Why the US Employment Data Are Key for Canadian Mortgage Rates
Monday Morning Interest Rate Update for 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.
Five-Year Fixed Mortgage Rates Are Back at a Crossroads
Monday Morning Interest Rate Update for 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?
The US and Canadian Employment Data Disappoint (Again)
Monday Morning Interest Rate Update for 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.
Disappointing Employment Data Portend Less Inflation (and Lower Mortgage Rates)
Monday Morning Interest Rate Update for 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.
Lockdowns Trigger a Job Loss Spike (and Bond Yields Rise Anyway)
Monday Morning Interest Rate Update for February 8, 2021
Last month saw a spike in job losses, but Government of Canada bond yields rose anyway. Today’s post explains why.
Will Job Losses Hasten the Bank of Canada’s Next Rate Cut?
Monday Morning Interest Rate Update for January 11, 2021
Our employment recovery stalled out last month, and in this week’s post I offer my take on how that will impact our mortgage rates.
Employment Data Confirm Our Recovery Is Still in the Early Innings
Monday Morning Interest Rate Update for September 8, 2020
Here are five quick thoughts on the latest Canadian employment data and an update on what happened with mortgage rates last week.
