Sub-2% mortgages are a thing of the past. The Reserve Bank’s governor has signalled variable rates will rise sooner than previously expected, but says he doesn’t expect it in 2022.
Modern Monetary Theory is suddenly popular because it implies governments can spend as much as they need to. But that spending comes with risks.
Canada’s federal deficit has skyrocketed since the beginning of the coronavirus pandemic. How will Ottawa pay back the money its borrowed?
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Canada’s federal deficit has ballooned as Ottawa spends billions in response to the coronavirus pandemic. An economist explains why the massive spending will not harm Canadians in the future.
In many countries people are now paying more for bonds than they will receive at maturity. These negative interest rates should make it a good time for investment.
The government is creating a new agency to finance infrastructure, like a bond aggregator to fund public housing.
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The federal government keeps coming up with new ways to finance infrastructure, but it isn’t clear they will shift the cost or risk away from government.
It’s too soon to say what advantages there are to issuing government bonds using blockchain technology.
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Despite a media statement announcing that Commonwealth Bank of Australia (CBA) and Queensland Treasury Corporation (QTC) have created the first government bond using the blockchain (dubbed the “cryptobond…
The world changed dramatically after the 2008 financial crisis and central banks are adjusting.
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Credit rating agencies have come in for a lot of flack. But the bottom line is that to attract investors with deep pockets countries can’t avoid having a credit rating. And a good one at that.
In times of market jitters, investors flock to “safe-haven” investments like government bonds.
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Safe haven investments are investments that provide a low level of risk during periods of extreme economic uncertainty. The problem is that a safe haven investment is a safe haven investment until it is…