BOND RATES MAY 01 2013
• TSX +143.83 to 12345.50
• DOW +21.05 to 14839.80
• Dollar +0.43 to 99.29
• Oil -1.42 to 92.99
• Gold -1.80 to 1471.80
*these numbers have been taken from www.tmxmoney.com at 8:05 AM EST
Canadian 5 year bond yields markets +0.01 to 1.17 The spread is WITHIN the comfort zone at 2.02 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.