Canada Economics

Canada Economics Weekly

26 May, 2017

Bond yields to rebound

Given the recent ominous signs of a downturn in Toronto, we doubt that the Bank of Canada will be able to do much to prevent a correction in the housing market. The Bank of Canada only has limited scope to reduce its policy rate. Furthermore, the bottom line is that Canadian bond yields are more often driven by global economic conditions rather than domestic monetary policy. With the Fed expected to keep hiking US policy rates over the next couple of years, Canadian long-term yields are more likely

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.