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Canada 5-Year Bond Yield

Toronto
Currency in CAD
3.052
-0.002(0.00%)
Closed

Canada 5-Year Discussions

Desjardins just predicted 7% for 2023
Lol
Desjardins just predicted 7% for 2023
Desjardins just predicted 7% for 2023
4 is on the way
Correct
BOE talks negative rates... The Committee had discussed its policy toolkit, and the effectiveness of negative policy rates in particular, in the August Monetary Policy Report, in light of the decline in global equilibrium interest rates over a number of years. Subsequently, the MPC had been briefed on the Bank of England’s plans to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point during this period of low equilibrium rates. The Bank of England and the Prudential Regulation Authority will begin structured engagement on the operational considerations in 2020 Q4
If the 5Y bond yield lowers do the 5Y fixed rate automatically fluctuate with it? For example I got a pre-qualified rate at 2.7% when the 5Y bond was 4.11, if it drops to 3.5 would my rate theoretically drop with it?
Hi Pete, There is no automatic rate reduction and the broker/lender you are dealing with have to send a rate reduction request, Which province did you buy?
Sorry about the typos. Can't edit previous comment from my phone. That 1.51% rate is for. 5yr fixed rate. Peter, yes you are correct. Your fixed rate should theoretically drop along with the bond yield. There isn't a perfect correlation but it's pretty close.
Tiffs first act will be to cut rates to -.5% ..Question is do the banks follow suite and drop prime another .75 bps?
Also remove mortgage stress tests, increase amortizations to 40 years , get the 5 year mortgage rate to below 2% and put in forward guidance of low rates for the next two years.
Tiff our new CTBanker.. He can slash rates negative to -.5 another .75bps cut.
Why is it dipping despite the production cuts?
You must be talking about oil, not the 5 year bond.  The production cuts for oil aren't enough to offset the demand destruction from the virus...and in fact its structural, so that demand won't return to previous levels any time soon.
thank you, I did mean oil but I typed it here by mistake
Global reserve currency with multiple central banks on the way.  Doesn't need to be debt based, it can be social based, pay your taxes, follow the law , they give you your "UBI" from that and make interest free loans to you.  Will be "climate change friendly" as well.  The banksters won't let a good crisis go to waste!
Negative rates next? Today, the Bank of Canada says its policy rate has reached its effective lower bound with todays .5 cut.   But in 2015... "We now believe that the effective lower bound for Canada’s policy rate is around minus 0.5%" In other words, we'll make it up as we go along.
there was no trace of this virus before November 2019, and full zoonotic jumps don’t just magically happen, especially not of a virus that’s so incredibly adapted to humans and able to infect us undetected and spread undetected, and then kill us after more than enough time has passed to find multiple new hosts.  The probability that it escaped a lab is at 100%.  The fiat monetary system is officially over....with what do we replace it with?
They said the same thing during 08. End of fiat currency, yet its still here.
 This time though its not compatible with their climate change agenda.
Bonds are flutuating at the moment but has more downsize as money is fleeing the equity markets. The main Index has more downsize with a few rises on its way down over the next few months.
fluctuating
Time to do the final cut, slash the rate to .25%
Bonds are reacting to all the money printing and the devaluation of the currency
What is driving it up?
Breaking news..Federal Reserve  cuts rates to zero and launches massive $700 billion quantitative easing program...aka MONEY PRINTING... Now we need Canada to follow suite with massive amounts of money printing
yes finally they did something...still has to go to zero, but I suspect they will wait to do that cut until they see what the federal reserve does at their meeting next week.
BOC just cut interest rate by 0.5 to 0.75%.  I bet it will bottom out below 0.
Are we not entertained?
what the hell is taking the feds so long to slash those interest rates to zero....This is 2008 all over again.  Its like they want everything to collapse.
Feds overnight repo operations increased to $175 billion US per day!!  We could almost run the entire Canadian govt for a year with the amount of money they are printing in a day.....
Its like being in a war, you've just been shot and lay bleeding on the battle field.  Your commander comes along and says...nahhh just sit there for a while longer we gotta go have a meeting about what to do, and consult with some people, hopefully you won't be dead by the time I return.  While of course he is going to be dead, and so will the general if he takes no immediate action.  In this case the immediate action is to drop interest rates 1%..not next week, not next month, now!
Ok now we got Black Monday with circuit breaker halts galore, its on to the emergency interest rate cut to zero, hopefully at 10am again and $2 trillion to $5 trillion worth of money printing..aka monetization...lets go central banks don't let us down!
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