Bond yields are steadily going up. The financial institutions in Europe are slowly finding a way out of the mess and that in effect is creating some interest for higher risks among investors. Government of Canada 5 years benchmark bond yield reached an eleven weeks high (1.47%) on February 17th.
That being said we also know that there are some political problems in some oil supplier countries. A disruption in world oil supply may cause energy supply imbalance and we may see that Canadian bond prices going up.
