I would like to wish my readers a happy start to 2020.

We had a busy holiday season moving our head office back to Yonge & St. Clair (2 St. Clair Avenue West).

Over that time the five-year Government of Canada bond yield traded within a range between 1.55% and 1.65% and the five-year fixed rates that are priced on it continued to hover in the 3% range. Variable rates were unchanged.

I am currently working on my 2020 interest-rate forecast and will have that ready for next Monday.