latest

The latest from Rateland

Markets are pricing in only a 1% chance of a BoC hike at its next rate meeting on Wednesday. Canadian bond investors clearly aren't worried about an inflation resurgence to the same extent as their counterparts down south. Unfortunately, as they often do, U.S. yields have been

Credit taps slowly tighten

We've received multiple anecdotal reports of banks cutting back credit card limits for customers who've been paying as agreed. These are high FICO score customers who've had no delinquencies. One can imagine what's happening to folks who have actually missed a payment.
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