Fewer Interest Rate Hikes in 2012 Expected

Financial Post – Bloomberg News

A Bloomberg survey shows Canadian economists have cut in half their expectations for Bank of Canada policy-rate increases….See full story on this topic »

Libor Falling Fastest Since January on Credit Revival

 Bloomberg – USA – The difference in yield, or spread, between the average 30- year US mortgage and 10-year Treasuries narrowed to 2.13 percent today, down from 3.07 percent …

Libor Falling Fastest Since January on Credit Revival (Update2) – Bloomberg.com

Cards Raise ‘Canary in Coal Mine’ Alert in Canada

 Bloomberg – USA – “Credit-card deterioration always happens much sooner and much more dramatically than you’d have in a mortgage portfolio because they are unsecured loans. …

Cards Raise ‘Canary in Coal Mine’ Alert in Canada (Update1) – Bloomberg.com

Canada’s Dollar Rises as US Housing Plan Spurs Risk Appetite

 Bloomberg – USA – The US Treasury will also buy as much as $200 billion of preferred stock in the two mortgage companies, twice as much as previously promised, he said. …

Bloomberg.com: Canada

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