Much of the 58 bps burst in 5-year GoC yields since April 4 is "being driven by increasing term premiums," according to a new Desjardins report by rates strategist Royce Mendes.

Much of the 58 bps burst in 5-year GoC yields since April 4 is "being driven by increasing term premiums," according to a new Desjardins report by rates strategist Royce Mendes.