10132
Ominous Signal
World Economy

Ominous Signal

The bond market is sounding the alarm about what’s in store for the Canadian economy, NewsNow reported. On Tuesday morning, the yield on the five-year government of Canada bond sank below the Bank of Canada’s overnight rate of 0.75%, and remained five basis points below that level when the markets closed on Thursday.

Short URL : http://goo.gl/DeSIUl

You can also read ...

Romania Sees Budget Deficit
The general consolidated budget closed with a deficit of 0.77%...
Indonesia Destroys Counterfeit Money
Bank Indonesia seized and physically destroyed 189,477 sheets of...
Singapore Factory Output Rises 13%
Singapore’s industrial production in June rose 13.1% from a year...
Japan’s economy has been expanding for five quarters—not an easy feat when a shrinking population means a low potential growth rate—and forecasts predicted a few more years of pickup.
For a central bank that doesn't want to talk about an exit...
Dollar Is Overvalued
The US dollar is the worst performing G10 currency this year,...
Russia Says Will Retaliate Against US Sanctions
Russia threatened to retaliate against new sanctions passed by...
High debt levels have already had an economic impact.
Thailand’s central bank on Wednesday tightened controls on...
S. Korea Regulator Blames Banks for Household Debt
Financial Services Commission Chairman Choi Jong-ku said...

Trending

Googleplus