Canadian bonds lower

Posted by 7Star Sunday, March 7, 2010

Canadian bonds fell across the curve on Friday, mimicking moves in US Treasuries, after the US jobs data firmed expectations of recovery. Guatieri said it was clear that the US labour market was healing and he expects Canadian jobs figures for February, due next Friday, would show a similar trend. That would put the Bank of Canada on track to raise interest rates in the second half of the year.

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