"Bank of Canada Addresses Housing Affordability and Inflation Challenges"
TL;DR
The US sold 30-year bonds at a yield of 4.360%, slightly lower than the 4.380% when-issued yield, indicating strong demand for the long-dated debt despite concerns about rising interest rates.
- US sells 30-year bonds at 4.360% vs 4.380% WI ForexLive
- Bank of Canada Chief Says Rates Can't Fix High Housing Costs Bloomberg
- Bank of Canada Faces Limits on Addressing Housing Affordability, Macklem Says The Wall Street Journal
- Bank of Canada says more time is needed to bring down inflation Reuters
- Bank of Canada says housing affordability is about boosting supply, not lowering interest rates CBC News
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