http://www.ratesupermarket.ca The Canadian government plays another central role in the fixed mortgage rate market, specifically the price of government bonds, and these interest rates are influenced by the bond yield. Bonds are typically considered safer investments than stocks, especially Government bonds, and when the stock market is booming, investors most likely would make a higher return on investment in equities, which means there is a lower demand for bonds, so they decline in value and increase their yield.
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montoyamarcos87 2 years ago