Blog by DOINA BIOLAN B.Comm

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BOND RATES MARCH 13 2013

  • TSX  +20.09 to 12878.58
  • The Toronto stock market registered a modest gain Tuesday afternoon as energy and mining stocks ran ahead on higher prices for oil and metals
  • DOW +2.77 to 14450.06
  • U.S. stocks were lower in choppy trading Tuesday, though the Dow inched its way up to its seventh record high.
  • Dollar +0.07 to 97.33
  • Oil +0.80 to 92.77
  • Gold +4.90 to 1594.20

 *these numbers have been taken from  www.tmxmoney.com  at 8:45 AM EST

 

Canadian 5 year bond yields markets 0.02 to 1.35 The spread

is BELOW the comfort zone at 1.84 http://www.investing.com/rates-bonds/canada-5-year-bond-yield

The rate of return on your bond, can be read through a yield curve, If the increase in bond yield continues to go up, the spread will continue to shrink and this could be a trigger for interest rates to rise.  The comfort zone is between 1.90 and 2.10.