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Jeff Herold
The Canadian bond market during September gave up almost all of its gains from August. Rising yields in the U.S. bond market led to higher yields and lower bond prices in this country. The sell-off in Canada was exacerbated, however, by a slightly surprising rate increase by the Bank of Canada. As a result, the increases in Canadian yields were larger than the moves in the U.S. market. The FTSE TMX Canada Universe Bond index returned -1.32% in September. (more…)
Our investment management team is made up of engaged thought leaders. Get their latest commentary and stay informed of their frequent media interviews, all delivered to your inbox.