Money Matters Toronto

Canadian 5 yr bond yields -.08bps to 2.60 – Four weeks ago it was 2.42%. The spread, based on 5 yr fixed rate mortgage of 4.39%,  is at 1.79%.

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 [...]

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 [...]