For Investors, Canada Is Still A Nice GetawayBill Symonds
If falling interest rates have you scrambling for higher returns, consider parking some of your money north of the border--in Canada. Yields on Canadian government bonds of five years and longer are around 9.5%, about a point and a half higher than comparable U. S. securities. And the spread widens spectacularly at the short end. Three-month Treasury bills are paying just over 9% in Canada--more than three points above the U. S. T-bill rate.
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