It’s Never Paid Less to Lend to Canada Compared With the U.S.
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It’s never been less attractive to lend money to Canada relative to the U.S.
Yielding just 1.46 percent, 10-year Canadian government bonds pay about the least relative to similar-maturity U.S. Treasuries since Bloomberg began collecting data in 1989. While economists estimate data this week will show U.S. gross domestic product expanded at a 2.5 percent annual rate in the second quarter, speculation is mounting that Canada’s economy fell into recession.