Skip to main content

Featured

Bond Yields Are Nearing 5%: What It Means for Your Mortgage and HELOC

  Published September 11, 2026 Something is happening in the bond market this week that matters more to your wallet than the daily swings in the TSX. The yield on the 10-year US Treasury note closed in on 5% on Friday — 4.95% , its highest level since 2023 and approaching territory not seen since 2007 — after climbing 18 basis points in a single week. Canadian bond yields have followed the same path: the 10-year Government of Canada bond hit its highest level in over two years earlier this month, and the 5-year bond — the one that actually sets your fixed mortgage rate — has drifted up to roughly 3.41%, about a quarter-point higher than it was a month ago. If you're renewing a mortgage, shopping for a HELOC, or just trying to figure out whether now is the moment to lock in, here's what's actually going on and what it means for your payments. Why bond yields, not the Bank of Canada, are driving fixed rates right now It's a common mix-up: people watch the Bank of Canada...
Post a Comment
Read more

article

Labels

Trump Declares 'Golden Age' for America in Inaugural Address

 

In a historic return to the White House, President Donald Trump declared the beginning of a "Golden Age" for the United States during his inaugural address on January 20, 2025. Speaking from the Capitol Rotunda, Trump outlined an ambitious agenda aimed at reversing what he described as the "horrible betrayal" of the previous administration.

Trump's speech was marked by a series of bold promises, including a commitment to end inflation, restore law and order, and reclaim American dominance on the global stage. He also announced the dismissal of several senior officials appointed by his predecessor, Joe Biden, and hinted at further removals to come.

The president's address was a mix of optimism and critique, as he painted a picture of a nation in decline but poised for a resurgence under his leadership. "From this moment on, America’s decline is over," Trump declared, emphasizing his intent to put America first and restore the country's prosperity and respect worldwide.

Trump's return to the presidency has been met with both support and controversy, as he continues to polarize the political landscape. However, his supporters remain hopeful that his promises will lead to a new era of national success.



Labels:

Comments

Post a Comment