Katayama Signals Care for Bond Market in Compiling Extra Budget
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Article Excerpt
Katayama Signals Care for Bond Market in Compiling Extra Budget
TORONTO—Bank of Canada Governor Tiff Macklem, speaking to the Canadian Club of Toronto on Wednesday, signalled that policymakers will be cautious about rising bond yields and how they may affect government borrowing costs.
“I would expect us to remain vigilant with respect to financial stability concerns,” Mr. Macklem said in his prepared remarks for the talk. “This includes paying particular attention to developments in the sovereign debt market.”
The Bank of Canada is expected to release its updated economic projections as pa…
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May 18, 2026