Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

Canadian bonds, loonie brace for U.S. Federal Reserve rate hike Add to ...

Subscribers Only

The U.S. Federal Reserve is all but certain to increase its key interest rate this week for the second time in three months, raising concerns that bonds and the Canadian dollar will be walloped.

“We still think that investors are underestimating how quickly the [Fed] will raise rates in the second half of this year and beyond,” John Higgins, chief markets economist at Capital Economics, said in a note.

Report Typo/Error

Follow on Twitter: @dberman_ROB

Next story