Yield Curve: 1mo, 2yr, 10yr, 30yr, BoC and 5 yr Fixed Mortgage
The chart above shows the 10 Year Less the 2 Year Canadian Bond Yield Curve (dotted yellow line) as well as the 1 month, 2 year, 10 year and 30 year Bank of Canada treasury yields and the retail 5 Year Fixed Mortgage Rate. In May 2013 the 10yr less the 2yr rate (yellow dashed) ticked up to a 100 basis point spread; not much but widening is tepidly on.
Also the 30 year yield cycle (white dialogue box) is broken with the current leg extending into 32 years. Is this Japanada?