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Interest Rates

Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

by Anas Siddiqui
Bank of Canada governor won’t say when interest rates will drop, but insists it won’t take a recession

The Current18:56Why Tiff Macklem won’t rule out more rate hikes Bank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but …

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Major Australian construction company National Projects (NPM Group) collapses

by Anas Siddiqui
Major Australian construction company National Projects (NPM Group) collapses

At least 100 people are jobless and an unknown number of projects are in limbo after a major Australian construction company collapsed, citing “inflationary pressures”. NPM (National Projects and Maintenance) …

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Here’s how to trade the current market volatility, say fund managers

by Walter Watson
Here’s how to trade the current market volatility, say fund managers

Market volatility looks here to stay: Yields are still rising, a war is raging, and it’s uncertain whether interest rates will stay higher for longer. Last week, the yield on …

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Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong’s housing market out of the doldrums?

by Anas Siddiqui
Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong’s housing market out of the doldrums?

The flat Zheng is keen on – a 440 sq ft unit in Sheung Wan – is priced at HK$9 million (US$2.4 million), on which he will have to pay …

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Iconic Toronto condo project placed into receivership due to $1.6B in unpaid debt

by Anas Siddiqui
Iconic Toronto condo project placed into receivership due to .6B in unpaid debt

A high-profile Toronto condominium project that has been plagued with delays and setbacks for almost a decade has been placed into receivership by its biggest lender, refusing to foot the …

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Mortgage And Treasury Bond Rates May Stay Higher Longer

by Anas Siddiqui
Mortgage And Treasury Bond Rates May Stay Higher Longer

U.S. Federal Reserve Board Chairman Jerome Powell (Photo by Drew Angerer/Getty Images) Getty Images Long-term borrowers, including home buyers and businesses looking for term debt, wonder why today’s interest rates …

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10-year Treasury yield retreats after rising to 5%

by Walter Watson
10-year Treasury yield retreats after rising to 5%

U.S. Treasury yields ticked lower Friday after rising to multiyear highs as investors digested comments by Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury fell to 4.939% by …

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Fed Chair Powell to deliver key speech Thursday. Here’s what to expect

by Walter Watson
Fed Chair Powell to deliver key speech Thursday. Here’s what to expect

U.S. Federal Reserve Chair Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, D.C., …

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U.S. Treasury yields: investors weigh economic data

by Walter Watson
U.S. Treasury yields: investors weigh economic data

U.S. Treasury yields rose on Wednesday with the 10-year hitting a fresh multiyear high as investors digested the latest economic data and considered the outlook for Federal Reserve interest rates. …

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Australia central bank considered raising rates in October: RBA minutes

by Walter Watson
Australia central bank considered raising rates in October: RBA minutes

Reserve Bank of Australia (RBA) at the central bank’s building in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank considered a rate …

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