Wednesday, March 26, 2014

Canada's two-year bond yield

Canada's two-year bond yield is at 1.065% Wednesday, from 1.070% Tuesday, according to electronic trading platform CanDeal. The 10-year bond yielded 2.459%, from 2.478%. Bond yields move inversely to bond prices.
There are no Canadian data releases this week, leaving the market particularly susceptible to influences from the U.S.
Orders in the U.S. for durable goods--products such as refrigerators and cars meant to last more than three years--rose 2.2% in February. That marked the strongest reading since November.
But the gain was driven by aircraft demand. Stripping the volatile transportation segment, durable goods posted only a 0.2% gain.