Rates moved up again this past week, more so in Canada than in the USA.
The “spread” fell slightly in both countries, but a bit more in the USA (now o.21x) than in Canada (now 0.14x). Both of these metrics are well above recessionary fears at 0.00x.
You can access this week’s report on the spread of the 10-year/2-year yield curve here … … RB_050319
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
Canadian interest rates have risen quite a bit lately. Also, the spreads are narrowing. However, there is still no change to our Economic Recession forecast for Canada. [more]