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TD Ramps Up Its 5-year Posted Rate
We’re seeinggovernment bond yields approaching seven-year highs, and now this. TD has just boosted its posted 5-year fixed a whopping 45 basis points (bps) to 5.59%. Over the last decade, the average increase to posted 5-year fixed rates has been24 bps. A 45-bps bump is rare, and the most in eight years. If at least two other Big 6 banks...