Analysis: Interest Rates

Stocks gain, dollar drops after Fed holds on rates

A gauge of global stocks gained on Wednesday and the U.S. dollar slid after the Federal Reserve repeated its pledge to keep its target interest rate near zero for years to come....

Bank of Canada seen cutting bond purchases in April as peak issuance passes

The Bank of Canada is likely to reduce its bond purchases as soon as next month, strategists say, which would provide the clearest signal yet that Canada's economy requires less help to emerge from...

Stocks post sharp weekly gains; Treasury yields, dollar rise

An index of stocks across the world dipped on Friday but still posted its strongest weekly gain in five, while benchmark U.S. Treasury yields climbed to 13-month highs, partly on optimism after a $1.9...

Dollar rises with Treasury yields as economic prospects rise

The dollar rose on Friday following a fresh spike in Treasury yields as the prospect of economies emerging from year-long coronavirus lockdowns reignited inflation fears. ...

Investors dump bonds and gold, pile into equities: BofA

Investors piled into equities, while pulling money out of gold and bonds in the week up to March 10, data from BofA Global Research showed....

Higher mortgage rates bring cheer to Canadian banks, but rapid rise could end housing party

Canadian banks' profit margins are expected to get a boost from an earlier-than-expected increase in mortgage rates but a sustained rise could dent home loan demand, which has been the only driver of...

Asian stocks set to firm after Dow hits record

Asian stocks were set to open slightly higher, following Wall Street's momentum, after a report on U.S. consumer prices calmed concerns about inflation, helping steer the Dow Jones Industrial Average...

Big-name investors bet bond sell-off has further to run

Some of the world's biggest investors are slashing exposure to government bonds on expectations that the debt sell-off is just getting started, and without too swift a rise in borrowing costs, most...

Canadian dollar rises as drop in bond yields lifts sentiment

The Canadian dollar strengthened against its U.S. counterpart on Tuesday as a decline in bond yields bolstered risk appetite, while investors awaited an interest rate decision by the Bank of Canada on...

Stocks dip as yields hold near one-year high

A gauge of global stocks dipped in choppy trading on Monday as investors eyed the yield on U.S. Treasuries for signs of inflation pressures in the wake of the U.S. Senate's passage of a $1.9 trillion...

Dollar at 3-1/2-month high on firmer yields, U.S. growth

The U.S. dollar hit a 3-1/2-month high against a basket of currencies on Monday on expectations of strong U.S. economic growth and rising inflation, which also sent Treasury yields higher, boosting...

Wall Street surges on jobs data, global equity markets regain ground

Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially...

Wall Street slides on tech sell-off, other world stocks flat

Wall Street fell on Wednesday as investors sold off technology stocks, while shares from Asia to Europe were flat, while the dollar rose even as U.S. jobs data disappointed investors and virtual...

Analysis: Spike in bond yields dented some hedge fund February returns

A sharp spike in bond yields last week caught some hedge funds unaware, and saw macro and long-short funds in general give back February profits to end the month modestly up, several market...

Stocks edge down as investors hit pause, watch bond yields

Global equity markets were little changed on Tuesday as Wall Street retreated and investors took stock of gains from Monday's surge, pausing to gauge whether a bond yield jump had run its course....

Canadian dollar gains as calmer bond market bolsters sentiment

The Canadian dollar strengthened against its U.S. counterpart on Tuesday, adding to sharp gains from the day before, as financial market volatility caused by higher bond yields faded and domestic data...

Canada's mortgage rates edging higher in first rise since before COVID crisis

Canadian mortgage rates are beginning to inch higher for the first time since before the COVID-19 crisis, reflecting the spike in long-term bond yields, but with home loans still languishing around...

Analysis: U.S. bond derivatives signal calm, but economic fundamentals could spur more sell-offs

After a sharp sell-off last week, U.S. Treasuries have stabilized with bond market indicators and derivatives positioning pointing to near-term calm, but an improving economy could trigger another...

Canada economic activity heats up, raises focus on BoC easing bond purchases

Canada's economic growth in the fourth quarter was stronger than expected and it likely rose again in January, boosting speculation that the Bank of Canada will reduce its bond purchases soon....