The cost to issue debt is rising even as provinces reported $200 billion of better\u002Dthan\u002Dexpected revenues. Read on.
The all-in yield of the Bloomberg Canada Aggregate Provincial Index reached 4.33 per cent on Tuesday, the highest since November 2008, weeks after the failure of Lehman Brothers Holdings Inc. roiled financial markets. The credit spread, or the extra yield over Canada federal government securities, reached 76.8 basis points, the widest in more than two years.
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Posthaste: More than half of Canadians say their incomes aren't keeping up with inflationGrowing cost concerns are gripping 55% of Canadian households, study finds
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Posthaste: More than half of Canadians say their incomes aren't keeping up with inflationGrowing cost concerns are gripping 55% of Canadian households, study finds
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Posthaste: More than half of Canadians say their incomes aren't keeping up with inflationGrowing cost concerns are gripping 55% of Canadian households, study finds
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Traders bet Canada could hike rates higher — to 4.25% — as U.S. inflation continues to scorchA month ago, borrowing costs were expected to peak below four per cent. Read on
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Traders bet Canada could hike rates higher — to 4.25% — as U.S. inflation continues to scorchA month ago, borrowing costs were expected to peak below four per cent. Read on
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IMF urges governments to rein in spending or risk investors' mistrustRise in global borrowing costs and high inflation trigger shift in IMF\u0027s earlier calls for expansionary fiscal policy. Read more.
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