20.5 - Meantime the 2-year yield of 3.84 is up 85 bps from...

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    REVIEW OF 2005 STOCK MARKETS CURRENCIES COMMODITIES
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STOCK MARKETS - 2005
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TSX SECTOR RETURNS
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S&P TSX – 52 WEEKS 
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S&P TSX - YEARS
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STOCK MARKETS - 2005
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DOW JONES - 2005
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DOW JONES – 10 YEARS
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STOCK MARKETS - 2005
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S & P 500 - 2005
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S & P 500 – 10 YEARS
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STOCK MARKETS - 2005
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NASDAQ 2005
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NASDAQ – 10 YEARS
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CURRENCY - 2005
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COMMODITIES - 2005
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BONDS - 2005
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BONDS - 2005 BondWatch: The benchmark 10-year Canadian bond is starting 2006 with a yield of just under the 4% threshold (3.99%), down 31 bps from a year ago.
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Unformatted text preview: Meantime, the 2-year yield of 3.84% is up 85 bps from year-ago levels, as the Bank of Canada has cranked rates by 75 bps over that stretch. Canadian 10-year yields have outperformed their U.S. counterparts by nearly 50 bps in the past year, with the 10s/10s spread moving from +8 bps a year ago to -41 bps now. Again, the two big bond stories of the past year were flattening and Canadian out performance. The latter will be tough to repeat in 2006, and there's not much room for further flattening in North America now...
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20.5 - Meantime the 2-year yield of 3.84 is up 85 bps from...

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