adrian2 wrote: ↑13 Apr 2017 11:47How do you know that? Interest rates may fall further, towards zero or beyond.8Toretirement wrote: ↑13 Apr 2017 11:21 During this time Bonds had one of the greatest runs in history, this will not be matched in the next 10-20 years due to current bond interest rates.
Not saying it's likely or not; but we do not know.
The Canadian prime rate held steady within a range of 4.5%-5.5% from the mid 40's until the late 60's. Then peaked at over 21% in 1981, working its way down to 2.70% currently. We won't have a similar run up in interest rates in the next 20 years as it would bankrupt the country. Although there was volatility from the late 60's the Bank of Canada has very little room to maneuver due to historically high consumer debt levels.