Global News
🏢 Corus Entertainment
Jul 31, 2026
· 7 min read
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Why spiking U.S. bond yields could be a big warning for the economy
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-0.40 · CENTER
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Article Excerpt
ECONOMY
Why spiking U.S. bond yields could be a big warning for the economy
By Ariel Rabinovitch Global News
Posted July 31, 2026 12:17 pm
4 min read
Bank of Canada governor Tiff Macklem announced the country’s central bank held its benchmark interest rate unchanged at 2.25 per cent on Wednesday. Macklem had this to say when asked about the economic impacts of the ongoing war: 'The longer oil prices stay high, the bigger is the risk that that begins to spill over into the prices of other goods and services and inflation starts to broaden.... If that happens, we may well need to raise interes…
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