How Bond Rates Effect Interest Rates in Canada

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💰 Financial Insights: 💰

An uptick in mortgage rates is reshaping the borrowing landscape, presenting both challenges and opportunities for investors. With rates hovering around 5% and the prime rate at 7.2%, the implications for investment strategies are significant. Keeping an eye on bond yields and the neutral interest rate, currently estimated between 2.25% and 3.25%, is more crucial than ever.

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