Foreigners resume Canadian bond purchases in April
Foreigners resumed their substantial purchases of Canadian securities in April, increasing their holdings by C$12.4 billion ($12.0 billion), Statistics Canada said on Friday.
Foreigners resumed their substantial purchases of Canadian securities in April, increasing their holdings by C$12.4 billion ($12.0 billion), Statistics Canada said on Friday.
Bond traders, facing the threat of abrupt firings, vanishing bonuses and volatile markets as the U.S. economy weakens, are lamenting the possible demise of the tradition of leaving early the day before holidays.
German 10-year bunds posted the steepest monthly decline in 5 1/2 years amid speculation governments around Europe will sell unprecedented amounts of debt to bolster their economies.