Friday, March 19, 2021

10 Year US treasury bond is screaming

Interest rates are getting jacked out of control and its every day. There is a massive huge problem in that current Cdn mortgage interest rates and the source of those funds, 10 year US bond yeilds are at a 14 month high. They are not aligned correctly and it's getting worse. There MUST be a very large increase in domestic mortgage rates immediately. Half a point is likely not enough.