Tuesday, 24 January 2012
5 Year Bond Yields...still good.
Canadian 5 yr bond yields markets to 1.408. The spread (based on the 5 yr published rate of 3.39%) is still within the comfort zone at 1.982 http://www.tmxmoney.com/ HttpController?GetPage= BondsAndRates&Language=en. 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 1.85 and 2.10 Mark Kupina | Kupina Mortgage | 1.888.955.9011
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