Canada's interest rates are dropping along with the U.S. - the 30 year bond hitting 3.16%, the...

|By:, SA News Editor

Canada's interest rates are dropping along with the U.S. - the 30 year bond hitting 3.16%, the lowest yield since at least 1970. Of interest is the shape of the yield curve. Both the U.S. and Canada have 10 year rates around 2.6%, but the U.S. 30 year is at 3.9%. - giving the U.S. a 10/30 spread of 130 bps vs. Canada of 56 bps.