Archive for May 11th, 2009
You are currently browsing the Aston Lau blog archives for the day Monday, May 11th, 2009.
11
May
2009
Bond yields up again (May 8, 2009)
As of May 8, the GoC 5-year bond yield has jumped to 2.14%, while the 10-year is at 3.16%.
Government of Canada 5-year benchmark bond yield:
Government of Canada 10-year benchmark bond yield:
I can’t see mortgage lenders raising their rates until after the peak real estate season (spring) ends, but they will have to pretty soon after that.
