Every week we force ourselves to acknowledge the low interest rate environment that currently prevails.
The historically low interest rates have a significant impact on the performance of all other asset classes from bonds to equities and to real estate. Compounding this, expectations for this low interest rate environment will exist through to 2023.
|
CDA Govt |
USD Treasuries |
|
% |
% |
90 day |
0.10bps |
0.10bps |
2 year |
0.25bps |
0.14bps |
5 year |
0.37bps |
0.31bps |
10 year |
0.62bps |
0.73bps |
30 year |
1.23bps |
1.52bps |
These historically low interest rates have a significant impact on the performance of all other asset classes from bonds, to equities and to real estate. Compounding this, expectations are for this low interest rate environment to exist though 2023.
Avery Shenfeld is Managing Director and Chief Economist of CIBC. We encourage you to take a listen to his recent piece (4:54 min) as he considers the traditional asset mix of an investor's portfolio today.
Yields/rates are as of (October 16th, 2020) and are subject to availability and change without notification. Minimum investment amounts may apply.
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Very best regards,
The Smith Falconer Financial Group
CIBC Wood Gundy
Lois, Rodney, Lira, Meredith and Angela
Smith Falconer Financial Group
CIBC Private Wealth Management consists of services provided by CIBC and certain of its subsidiaries, including CIBC Wood Gundy, a division of CIBC World Markets Inc. "CIBC Private Wealth Management" is a registered trademark of CIBC, used under license. "Wood Gundy" is a registered trademark of CIBC World Markets Inc.
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