Julie Verhage, Bloomberg News | May 7, 2015
The last couple of weeks have proven to be quite interesting for bond markets around the world.
Major government debt markets including Germany, the U.S. and the U.K. have seen a dramatic sell-off, sparking stark jumps in bond yields.
In the past week, bonds have continued to race higher. Two lenders have already commented on possible rate adjustments. The article below provides more details.
So far, there haven't been any changes to interest rates since last week.
Variable rates are in the low 2% range.
The next meeting with the Bank of Canada is on May 27, 2015
P.S. If you, your family, or co-workers require guidance on current market trends, please call me, I am always available to help.
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