How Government Bond Yields Relate to Mortgage Rates
Sunday Feb 11th, 2024
ShareAre Canadian government bond yields headed lower in 2024? This is the expectation now that the Bank of Canada (BoC) is widely anticipated to cut interest rates early next year, according to investors in the futures market. After the benchmark ten-year yield topped 4.25 percent in October, the bond has slumped below 3.5 percent. The same performance was seen with short- and long-term debt instruments. But why should buyers and sellers in the Canadian real estate... [read more]