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Mike, as of last update, the BoC was buying ~$5bn worth of 
bonds a week so these are not normal times. For context re: creditworthiness, our bonds trade at similar yields to Greek bonds. Not sure we should be handing out medals yet/asking for praise. (1/3) https://twitter.com/mike_mcnair/status/1308030325713301504
bonds a week so these are not normal times. For context re: creditworthiness, our bonds trade at similar yields to Greek bonds. Not sure we should be handing out medals yet/asking for praise. (1/3) https://twitter.com/mike_mcnair/status/1308030325713301504
This is like getting an A+ on a paper you administered/graded yourself. Fitch downgraded ’s triple-A credit rating in June, dropping to an “AA+” rating over what it called “the deterioration of ’s public finances” due to C19. Context: Fitch rates Greece at BB-. (2/3)
’s triple-A credit rating in June, dropping to an “AA+” rating over what it called “the deterioration of ’s public finances” due to C19. Context: Fitch rates Greece at BB-. (2/3)
All this to say, your comments are like saying the stock market is doing well, so the economy is doing well, and no one would ever say that....Wait 
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