April 16, 2012

Category: Articles

Rising Rates – Not Bad News

Interest rates for longer-maturity government bonds are finally rising, triggering concern that higher rates could derail the U.S. expansion. The 10-year Treasury yield is currently at about 2.30%. That’s up about 60 basis points since September. Should this continue, Canadian mortgage rates could move off their lows and dampen the housing boom that has already…

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