Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
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| September 19, 2007 | | Spread bets and CFDs on interest rates | With yesterday's Fed rate cut affecting the markets today, speculation is turning to whether or not Canadian interest rates will change. Spread bets and CFDs on interest rates should consider that even though the Canadian economy is strong right now, there are still fears that problems from the U.S. could spill over. Forbes reports information that could help with spread betting on Canadian interest rates:
Although the Bank of Canada 'looks unlikely' to raise Canadian interest
rates further given its growing concerns about the US economy, in
contrast to the Federal Reserve it is also difficult to see it easing
rates given the strength of household demand, he said. | | |
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