Author Topic: Government Day-to-Day  (Read 38099 times)

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Offline wilber

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Re: Government Day-to-Day
« Reply #390 on: May 15, 2020, 12:07:17 pm »
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.

Who is going to buy that trillion dollars worth of Canadian bonds at 1.06%?
"Never trust a man without a single redeeming vice" WSC
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