Author Topic: Government Day-to-Day  (Read 40396 times)

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Re: Government Day-to-Day
« Reply #375 on: May 15, 2020, 09:31:46 am »
Canada's 30 year bond rate is 1.06%. Almost all of our old debt is about to roll over, and the new debt will be accrued at the 1.06% rate.  Debt servicing costs are going to fall, even with a trillion dollars of new debt.
Low interest rates won't last forever.  It's not a good idea to run policy with the expectations that they will.
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