It was just about a year ago that the interest rate on guaranteed investment certificates hit the 5 per cent mark. This summer, we could see 6 per cent,Yield curves are particularly important lately because curves in the industrialized world are inverted – meaning that interest rates for shorter terms are higher than those for longer terms. But the bond yield curve will eventually normalize - it always does. And as we await that day, there’s an opportunity that veteran fund managerU.S.
Jason Del Vicario and Steven Chen are back with the final installment of their series looking at their strategy for picking outperforming stocks.Unsure which way the cookie crumbles from here - investors are being tempted to drop the bond.
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