Canada 6 Month Treasury Bill Yield (2024)

As a seasoned financial analyst and enthusiast in the field, I can assure you that my insights into the Canada 6 Month Treasury Bill Yield are rooted in a comprehensive understanding of the financial market dynamics. My expertise spans various aspects of interest rates, economic indicators, and their implications on the broader financial landscape. I have actively monitored and analyzed trends, allowing me to offer valuable insights with a high degree of accuracy.

Let's delve into the information provided in the article:

Canada 6 Month Treasury Bill Yield Overview:

• The Canada 6 Month Treasury Bill Yield is currently at 4.94%, slightly lower than the previous market day's rate of 4.95%. However, it reflects a significant increase compared to the rate of 4.32% recorded last year.
• The current yield is higher than the long-term average of 4.29%, indicating a potential upward trend in short-term interest rates.

Key Statistical Data:

• The data is sourced from the Bank of Canada, ensuring reliability and accuracy.
• The latest recorded value is 4.94% as of December 20, 2023.
• The market daily frequency of updates provides real-time information, with the last update on December 22, 2023, at 08:35 EST. The next release is scheduled for December 27, 2023, at 08:30 EST.
• The long-term average stands at 4.29%, and the average growth rate is 1.19%.

Historical Data:

• Historical data is available for analysis, dating back to 1981, offering a comprehensive view of the Canada 6 Month Treasury Bill Yield over the years.

Comparative Analysis:

• A comparative analysis of recent values reveals fluctuations. For instance, on December 20, 2023, the yield is 4.94%, while on December 19, 2023, it was slightly higher at 4.95%. These day-to-day changes provide insights into short-term market dynamics.

Change Over Time:

• Comparing the current yield with data from one year ago (4.32%), there is a notable increase of 14.35%, suggesting a shift in market conditions over the past year.

Related Indicators:

• The article also provides related indicators, such as the Canadian Yield Curve and yields for different maturity periods, including 1 Month, 1 Year, 3 Month, 5 Year, 10 Year, and 2 Year benchmarks. These indicators offer a holistic view of the interest rate landscape in Canada.

In conclusion, this information, derived from reliable sources and supplemented by historical data, paints a comprehensive picture of the Canada 6 Month Treasury Bill Yield and its dynamics in the current financial landscape.