Interest Rates The 3 month T-bill rate is 0.67%, the 1 year T-bill rate is 0.91%, the 3 year government bond yield is 1.36%, the 10 year government bond yield is 2.00% and the long government bond yield is 2.42%.
Very little editing has been done, and it’s late. Because holidays. Interest Rates The 3 month T-bill rate is 0.68%, the 1 year T-bill rate is 0.88%, the 3 year government bond yield is 1.31%, the 10 year government bond
The yield curve is beginning to take a more normal shape (concave) now that short-term interest rates were raised by the Bank of Canada. Banks have also raised their prime rate by 0.25% to 2.95%. I remember that when the
Interest rates have risen, which is why bond values are falling; bonds don’t look to be a great investment right now. Canadian stocks are also struggling, and only US stocks look like they might move higher in the near time.
Canadian stocks have fallen 0.9% over the past week. Canadian bonds fell 1.4%. June is historically a bad month for market returns, and we’ve seen that again this year. July and August generally go nowhere, and then September and October