Financial markets
The Canadian and U.S. bond markets recently experienced a shift in investor sentiment, with U.S. bonds showing significant gains and Canadian bonds remaining relatively unchanged. According to industry analysts, investors are reallocating their portfolios to increase exposure to bonds and decrease their equity holdings. This shift has led
Financial markets
The Australian share and bond markets have had a tumultuous ride in recent months, with both suffering significant losses. However, unlike in the past, the two markets have not fallen in tandem, leading some to wonder what is driving this divergence. According to Paul Dyer, an asset allocation specialist at
Financial markets
The aftermath of the 1980s financial excesses led to a period of stagnation, but the economic cycle has turned up again, with most countries firmly back on a growth track. Despite rising interest rates, bond markets offer new opportunities, particularly in the Far Eastern economies, where growing capital demands will
Financial markets
Despite a sluggish bond market, the resources sector made significant gains yesterday, driven by strong prices for base metals. All base metals recorded price increases on overseas markets, with aluminium and copper reaching four-year highs. The mining sector was particularly boosted, with the All Mining index closing 1% higher, and
Financial markets
Investors' optimism that the US and Japan could reach a trade agreement has boosted prices of Treasury securities, with the 30-year bond price rising to 9614/32 and its yield falling to 7.81 percent. The Commodity Research Bureau index of 21 commodity futures, a leading indicator of inflation,
Financial markets
Traders on both sides of the border were reluctant to take major positions ahead of the Federal Open Market Committee's policy-making meeting, resulting in minimal price changes in bond markets. Canadian bond prices dropped between 2 cents and 30 cents, with the 8-per-cent Canada bond due June 1,
Financial markets
The August industrial production report showed a sharp increase, suggesting that the manufacturing sector is operating nearly at full throttle. This surge in production, combined with the Federal Reserve's efforts to keep a lid on economic growth, has raised concerns about inflation and led to a reaction in
Financial markets
Canadian bond traders were caught off guard by the Parti Quebecois's surprisingly strong performance in the Quebec election, which led to a significant surge in bond prices across the market. The unexpected outcome, coupled with news of a smaller-than-expected increase in U.S. consumer prices, sent bond yields
Financial markets
The Toronto market showed better form than the New York market, with a 39.79-point increase on the week, while the New York market closed lower after a mixed performance. The Dow Jones industrial average finished down 15.86 points at 3,885.58, while the Toronto Stock Exchange 300
Financial markets
The Paris-based major commercial banks, including Credit Commercial de France, Banque Nationale de Paris, Credit Lyonnais SA, and Societe Generale, surprised markets by raising their base lending rate to 7.95 per cent, effective September 1. This decision was made in response to an increase in their financing costs on
Financial markets
Canadian bond prices rose across the board, with gains ranging from 25 cents to 65 cents, due to increased foreign buying in relatively thin trading. The buoyant bond market, sparked by Wednesday's successful Canada 10-year bond issue, is attributed to foreign traders' enthusiasm for new issues, according
Financial markets
Foreign investors continued to show interest in the Canadian bond market yesterday, driving prices higher and narrowing the spread to the US yield curve. The Canada 30-year bond climbed 75 cents to $87.65, while the 10-year spread narrowed to 1.97% from 2.06% the previous day. Market participants
