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5yr Yield Vaults 9 Bps As Global Bonds Sell Off

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See also: Mortgage Tidbits (below).

The Bank of Japan jolted Canada's bond market on Monday. The BOJ hinted it could tighten rates later this month, driving yields noticeably higher.
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Closer to home, U.S. and Canadian manufacturing keep easing off the throttle. But that did little to stop yields' rocket launch on Monday.

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