50 year bond. 2.76%

[benyl]

http://www.cbc.ca/news/business/canada-sells-more-50-year-bonds-1.2703972


Ottawa borrowed $1 billion from the bond market late Thursday, with a maturity date of Dec. 1, 2064, and paying an interest rate of 2.76 per cent.

Ottawa said demand for the debt was "exceptionally strong" from both domestic and international investors.

Low mortgage rates for the foreseeable future?

[Canmorite]

There was someone on BNN saying that RBC was looking at raising rates before the next Fed meeting (not sure if Fed, or BoC). Can't find an article yet.

I think rates need to start climbing slowly.

[BigMass]

BoC won't raise rates until the US does. Banks won't raise rates until the BoC does. So it's completely irrelevant what anybody in Canada says in regards to when rates will rise.

[sputnik]

The BoC also has little to do with bond rates and fixed rate mortgages.

[BigMass]

Originally posted by sputnik
The BoC also has little to do with bond rates and fixed rate mortgages.

excuse me? central banks are the biggest buyers of government bonds so the Fed / BoC, etc have a HUGE impact on bonds.