Sentences with phrase «slide in bond prices»
We saw such a slide in bond prices in late 2016, and then again this past summer when the Bank of Canada hiked its key interest rate twice.
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The fact that the bond market retreated during the first week of the year on «old» news and in the second week on very little new economic news, though Wednesday saw softer JOLTS (where job openings slid to a six - month low) and Import Price data barely rising at all, is revealing.