Saturday, June 23, 2007

Canadian Government Bonds May Extend Decline Amid Outlook for Higher Rates

(Bloomberg) -- Canadian bonds may extend
losses next week amid expectations the Bank of Canada will
increase its benchmark lending rate next month.

The 10-year bond fell for the fifth week in the past
six on speculation Canada's central bank may raise the
borrowing cost twice this year, bringing it to the highest
in six years.


Read more at Bloomberg Bonds News

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