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Canada 5-Year Bond Yield

Toronto
Currency in CAD
3.052
-0.002(0.00%)
Closed

Canada 5-Year Discussions

Lol fixed mortgage rate is lower than variable mortgage rate
oo
time for speculators and real estate brokers to find a real job!
oh oh
Liftoff!!
This is insane!!
Now we only need the sleazy slimy greasy  banks to lower their 5 year fixed mortgage rates to ACTUALLY FOLLOW THE 5 YEAR BOND MARKET. 5 year fixed mortgage rates should be %2.22 and lower. Either way they the Banks win regardless.
how do you calculate that. During you message the 5 yr bond yield was about 0.8
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 majority of banks have 5 year fixed terms at 2.09% and below. All you need to do  just ask
What are you talking about? I got 1.64% a few weeks ago...
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well you got some good points there. But any government would have the same problems and probably worse if hasty actions are taken. I thought Liberals handled the problem well. First they gave the protesters a reasonable opportunity to negotiate and then they moved when it became untenable situation.
Baha everything to do with Liberals and not keeping the  country working, Rail Blockades, pipelines not being built, TECK pulling the mine, because of a small amount of Natives who have nothing better to do but protest. Most Natives support these projects, so its amazing when the Liberals don't stand up FOR THE MAJORITY OF CANADIANs put an end to this "Snowflake" mentality. Jobs are a stake!
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Yes you were. But much of it due to corona virus, and not anything that Trudeau liberals are doing.
I was right......
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I have a positive view of this. I think it is slowly going to work back up to 1.8 level as BOC cuts interest rate and economy starts to pick back up . I am buying preferreds for Enbridge and PPL here as interest rates on some of these are very enticing with potential for capital gains.
Canadian economy  in shambles thanks to our terrible Prime Minister! This is going to .97, wait and see!
We as a whole country must somehow remove Trudeau from office. Virus or no virus. He is not only incompetent but dangerous
I hope this tank to 1.2 by Feb!!! Fingers crossed!
Trump's reported trade deal with China will presumably take bond yields higher tomorrow. That'll put more upward pressure on 5-year fixed rates. If that happens, the lowest rates on this page may not be around too long:
this should go back to 2.0
Bullish news coming for the loonie.. "White House plans to sign trade deal changes with Mexico, Canada today" . https://business.financialpost.com/news/economy/pelosi-white-house-near-handshake-deal-on-new-nafta-agreement?utm_medium=Social&utm_source=Facebook&fbclid=IwAR3wSsGwx2dNtktbxmCvGHbaBJyileuHszNEz2YGZOLQw0ssKiTQ6Uy-Ayk#Echobox=1575979927
With very Hawkish BOC, this should sky rocket
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I think as economic conditions improve, the yield curves are reverting back to normal. The difference between 10 year and 2 year in the US is already greater than 25 basis points. That explains a large increase in 5 and 10 year Canada bonds as well. But I am not an expert and would like to get feedback from somebody who is.
what was the cause in the big surge today in the 5 yr bond yield
No idea really :-)
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Thanks. What is the next support level in your opinion?
Bank Of Canada held and sounded dovish.
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any thoughts on why rates dropped today?
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