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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.

This entry was posted on Monday, May 11th, 2009 at 4:45 pm and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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