Blockade economy: Oil squeeze lifts medium‑term GIC Yields
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Article Excerpt
Blockade economy: Oil squeeze lifts medium‑term GIC Yields
ALI NASSIMI
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED MAY 13, 2026
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The Middle East conflict has shifted from air strikes to a grinding logistics war, but its grip on Canadian interest rates is tightening rather than fading.
Bond yields spiked in late March when U.S. President Donald Trump said he intended to “destroy” Iran’s energy infrastructure, and Tehran warned it would retaliate against U.S. all…
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