Canadian bond prices climb

Posted by 7Star Saturday, January 16, 2010

Canadian bond prices were higher and moved in sync with US Treasury issues on Friday, which climbed on a tame US inflation report, short-covering after a well-bid 30-year auction on Thursday, and concerns about sovereign risk in Europe. "We followed the US The inflation numbers were somewhat benign and stocks are down," said Roger Quick, director of fixed-income research at Scotia Capital.

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