Canadian 5 yr bond yields -0.03bps to 2.65- Four weeks ago it was 2.45%. The spread, based on 5 yr rate of 4.39%, is at 1.74%.
Pressure on fixed 5 year: Down.
Financial Post – Markets
Lenders typically like to keep a spread of 1.80% to 2.00% between their fixed five year rates and the current 5 year [...]
