Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - Bank of Canada raises policy rate 25 basis points, continues quantitative tightening - Cdn. Yield: Corps, Trusts, GICs, Pref. Shares - InvestorVillage


Cdn. Yield: Corps, Trusts, GICs, Pref. Shares
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Msg  113011 of 113301  at  6/7/2023 12:12:56 PM  by

wynner


 In response to msg 113009 by  The Red
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Re: Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

 Looks like they want to break things to stop inflation. Recession is job 1.
Canadian prime rate goes up.....so does some Pref's tied to Prime rates.
Good for savers and floating rate investors in my view.
Not good for margin and mortgages etc.
What's going up today? 


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