(Bloomberg) -- Canada's two-year bond fell, pushing
the yield to a five-year high, on speculation the Bank of Canada
will raise interest rates as soon as next month to stem
inflation.
The Bank of Canada will lift its benchmark interest rate
twice this year, from the current level of 4.25 percent, Merrill
Lynch & Co. wrote in a report yesterday.
Read more at Bloomberg Bonds News
the yield to a five-year high, on speculation the Bank of Canada
will raise interest rates as soon as next month to stem
inflation.
The Bank of Canada will lift its benchmark interest rate
twice this year, from the current level of 4.25 percent, Merrill
Lynch & Co. wrote in a report yesterday.
Read more at Bloomberg Bonds News
No comments:
Post a Comment