Bond market talk? ‘Zzzzz,’ some might be thinking.
With the stock market having done well this year, the market is turning its attention on interest rates. More significantly, Prime Minister Harper himself stated flatly that Canadians should expect interest rates to rise. In a year-end interview with CTV, Harper said that while he’s optimistic that 2010 will be a year of economic recovery, Canadian families should be prepared for higher credit charges.
Read the full post by Chris Lau, “Harper warns interest rates are going up (Lock in your mortgage?) at examiner.com (Dec 22, 2009).