Canadian bond yields climb as Bank of Canada raises rates
In short
Canadian bond yields have climbed following an interest rate increase by the Bank of Canada. The rise in yields directly tracks the central bank's decision to raise borrowing costs.
Key points
- Canadian bond yields have climbed following an interest rate increase by the Bank of Cana…: Canadian bond yields have climbed following an interest rate increase by the Bank of Canada.
- The rise in yields directly tracks the central bank's decision to raise borrowing costs.: The rise in yields directly tracks the central bank's decision to raise borrowing costs.