Despite what the Liberals are and will be spewing over the next six months leading up to the election, the economic landscape is nowhere near what they will be highlighting.
AS PROVEN by the bond market and world markets.
"...The yield on Canada’s 10-year bond dipped to 1.6 percent Friday, or six basis points lower than the rate on the three-month Treasury bill. That hasn’t happened since 2007, at the start of the financial crisis sparked by a housing crash in the U.S.
Investors demand higher yield to hold 3-month bill than 10-year bonds
The so-called inverted yield curves in both the U.S. and Canada reflect concerns that a global economic slowdown will keep the Federal Reserve and the Bank of Canada from raising rates - and may even prompt a rate cut if it worsens.
“A rate cut would require signs that the economy is declining,” said Craig Alexander, chief economist at Deloitte Canada, in a television interview with BNN Bloomberg Friday. Still “the inverted yield curve is troubling. Inverted curves have often been accompanied by recession...”
https://www.bloomberg.com/news/articles/2019-03-25/canada-s-inverted-yield-curve-signals-holding-pattern-for-poloz?srnd=premium-canada
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