What French Bond Yields Have to Do With Canadian Loans

Canadian borrowers may end up paying more for some mortgages and other loans as government bond yields keep climbing worldwide — France being one of the markets in that climb, Global News reports. That coupling is the part worth sitting with: borrowing costs in Canada don't move only when something happens in Canada.

The caution in the wording is the honest part. "May" and "some" are doing real work here, which is the difference between a pressure on borrowing costs and a uniform increase for every borrower with a loan.