What is the bond market and how does it affect Canadians?

Activity in global bond markets grabbed headlines in 2023 and piqued interest in fixed-income markets that are often overlooked by equity investors.

While many Canadians may not be tuned into bond market ups and downs, the health of the Canadian bond market has a direct impact on how people live their lives and the economic realities they face.

Here is an explanation from market experts on what the bond market is, how it works and why Canada’s bond market has been showing resilience.

WHAT IS THE BOND MARKET?