What surging bond yields can mean for Canadians

This Global News video looks at rising bond yields and what they could mean for Canadians. It reports that bond markets are signalling higher economic risk amid the Iran war, rising government debt, and an escalating trade war with the U.S., which could mean higher borrowing costs for longer. Carrie Freestone, Senior U.S. Economist at RBC Capital Markets, speaks with Global's Nivrita Ganguly about what is driving bond yields higher and why this matters to Canadians. The video also explains that a bond is essentially a loan made to governments and companies by the public, which earns interest in return.

• What is driving bond yields higher
• Iran war, government debt and U.S. trade war as factors
• Why rising yields could mean higher borrowing costs for Canadians
• Explanation of how bonds work

Consumers could be facing higher borrowing costs for longer as bond markets are once again signalling rising economic risk to the finance and investing community amid the Iran war, rising government debt, and an escalating trade war with the U.S. A bond is essentially a loan that governments and companies use to borrow money from the general public, and in return for providing funding, those that purchase bonds expect to earn interest. Carrie Freestone, Senior U.S. Economist at RBC Capital Markets, joins Global’s Nivrita Ganguly to discuss what’s driving bond yields higher, and why this should matter to Canadians. For more info, please go to https://globalnews.ca Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #bondyields #GlobalNews