It is Saturday.
I am chilling in the city.
I am trying to decide if I should have another Dole Whip from the Sugar Shack.
However, I have interest rates on my mind.
The Sugar Shack will have to wait.
Below is a thirty-three-year chart of Canadian interest rates.
Our interest rates have been rising at levels not seen since Mar 01, 2001.
The highest rates in twenty-two years!
The trend has changed and turned upwards.
Interest rates impact bond prices and, in return, the bond yield.
Let us look at some bond yield charts to understand which direction interest rates could be heading.
Canada 2-Year Government Bond Yield
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