Financial Update: November 14, 2011

• TSX +167.98 to 12276.85
• DOW +259.89 to 12153.68
• Dollar +0.16 to 98.12
• Oil -0.19 to 97.90
• Gold -11.20 to 1777.00
• Canadian 5 yr bond yields markets +0.001000 bps to 1.40.  The spread (based on the MERIX 5 yr rate published rate of 3.59%) is above the comfort zone at 2.190    The rate of return on your bond, can be read through a yield curve, If the increase in bond yield continues to go up, the spread will continue to shrink and this could be a trigger for interest rates to rise.  The comfort zone is between 1.85 and 2.10

Financial Update: November 10, 2011

• TSX -332.62 to 12,156.22 Markets roughed up by Italian news

• DOW -389.24 to 11,780.24

• Dollar +.0034 to .9804

• Oil +1.69 to 97.43

• Gold -19.70 to 1,771.90

• Canadian 5 yr bond yields markets +0.037000 bps to 1.38. 
  The spread (based on the MERIX 5 yr rate published rate of 3.59%) is above the comfort zone at 2.210    The rate of return on your bond, can be read through a yield curve, If the increase in bond yield continues to go up, the spread will continue to shrink and this could be a trigger for interest rates to rise.  The comfort zone is between 1.85 and 2.10