TSX:BEI.UN - Post by User
Post by
malx1on Oct 20, 2021 1:04pm
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Post# 34027710
BNS calling for 2% int rate increase over next 26mo
BNS calling for 2% int rate increase over next 26mo https://financialpost.com/news/economy/scotiabank-sees-eight-bank-of-canada-rate-hikes-by-end-of-2023 Some REITs and int rate sensitive co's going to feel pain. The never-ending rally in housing will see an end.
While I'm not concerned about BEI, there are some highly levered REITs out there who will be squeezed.