Even with the nation’s economy struggling to rebound from recession, the Canadian government is still the safest bet in the developed world.
Canada’s government bonds have posted the biggest return among nine developed countries this year, according to the Bank of America Merrill Lynch World Government Bond Index, as its central bank twice cut rates to help an economy succumbing to slowing global growth.
The slowdown at home has put the country’s top-rated government debt in something of a sweet spot. The central…
World In Turmoil Parks Cash In Canada Bonds
No comments:
Post a Comment