XBB.TO Monthly

One area where yields might rise is not so much in government bonds, but corporate yields. One particularily vulnerable area would be equity swaps held against gold mining companies.

Has there been a spectacular rally yet in gold mining shares vis a vis the gold price? Have corporate bond markets seen a major reversal yet as a result?

http://scharts.co/1hGesD2

GBN.V vs. $Gold Monthly

Where would GBN.V share prices go if they were to catch up to gold prices at this moment? The 200-month average. GBN.V share prices go way back to 1991:

http://scharts.co/Qpag4H

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