Bank of Canada Gov. Macklem: Higher Yields ‘Not A Substitute’ for Inflation-Taming Rate-Policy Markets – MarketWatch

Bank of Canada Gov. Macklem: Higher Yields ‘Not A Substitute’ for Inflation-Taming Rate-Policy Markets – MarketWatch

 

By Paul Vieira OTTAWA-Higher bond yields might tighten financial conditions in Canada but “they are not a substitute” for interest-rate policy aimed at…

  

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Markets – MarketWatch 

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