
Following declines in jobs and housing starts, the yield on the December bankers’ acceptance contract, the most actively traded contract, fell to 1.305 percent on Oct. 8 from 1.310 percent. It’s the lowest since Sept. 7, the day before the Bank of Canada raised its key rate to 1 percent from 0.75 percent.
Source: Bloomberg
By Greg Quinn - Oct 12, 2010 12:00 AM ET
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