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.

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