April 5 roundup
On whether now is the right time to buy a home, corporate bonds and the link between higher jobs growth and higher interest rates.
•Canadians, it would appear, are conflicted about whether now is the right time to buy a home. The majority of respondents to an RBC poll said they believe now is the right time to buy yet more than 70% said they are unlikely to do so.
•Jim Yih at Retire Happy Blog has written a new post explaining corporate bonds. They’re just like government bonds but with higher yields because there is a higher risk of a company defaulting than a government, he says.
•Stunning March jobs growth has raised expectations of interest rate hikes coming down the pipe. Canada added more than 82,000 jobs in the month—the most since September 2008—suggesting the economy may be strong enough to shoulder higher rates.