REAL 10 YEAR INTEREST RATE Bank of Canada 10 year Bond less CPI; also the TSX Real Estate, Energy and Gold Indexes
CLICK CHART TO ENLARGE
The chart above shows that in February 2019 the "Real" Bank of Canada 10 Year Treasury Yield (the rate less CPI - blue dotted plot) moved up and out of the negative Nirp-O-Nomic rate zone as CPI dropped down to 1.4% ... this after 10 years of ZIRP & NIRP.
Gold has put in a five year base and is attempting another breakout above the midpoint in that 5+ year plot.
Global currency turmoil as well as trade and war unknowns are coloring both sides of the debate on the ultimate direction of gold and interest rates.
The TSX real estate cash index found new buyers on the dip and is coiling out a range at the highs.
Gold has put in a five year base and is attempting another breakout above the midpoint in that 5+ year plot.
Global currency turmoil as well as trade and war unknowns are coloring both sides of the debate on the ultimate direction of gold and interest rates.
The TSX real estate cash index found new buyers on the dip and is coiling out a range at the highs.
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The 10 year bond yield is a bench mark for real estate mortgage rates. I have used it in my Vancouver Condo Case Study to measure risk against the buy and hold argument. |
Compare 2006-2008 to 2015-2017
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