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Tag: Yield Curve

USA

US Mortgage Rates Climb To 8 Month High, As Yields Soar

March 6, 2021

US Mortgage rates are climbing, and are up significantly from the record low a few weeks ago. Freddie Mac‘s Primary Mortgage Market Survey (PMMS) shows 30-year fixed mortgages hit a multi-month high for the week ending March 4, 2021. The lender said this is the highest average reading for the index since July. US 30-Year […]

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Canada

Yield Curves: Canada’s Recession Indicator Is Now Flashing Red Alert

August 23, 2019

The recession indicator “that has a perfect record” in the US is now flashing red alert in Canada. Canada’s 10-2 treasury yield spread officially inverted in July. The spread has been flattening since 2017, but finally turned negative last month. The yield curve inversion indicates investor expectations for the future are spiraling lower. We know, […]

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