September 21, 2021

On Tuesday the S&P 500 was down0.1% while Toronto was up 0.45%.

Alcanna was up 5.0%.

Couche-Tard bounced back up 2.3%.

TD Direct alerted me today to a new bond issue. A 10 year City of Montreal bond paying 2.0%. There is no way I would even think about buying a ten year bond at 2.0%. But to each his own. But I do think it is smart for the City to borrow at that rate. Smart of them to lock in their debt for a longish period at such a low rate.

 

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