this post was submitted on 25 May 2025
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I think this is misleading. The exchange from with most currencies with CAD look stable.
The US dollar is dropping against basically everything and is how the administration knows they are winning.
Check out this sexy 30 year Treasury rate. The best in 18 years!
https://www.msn.com/en-us/money/markets/30-year-us-treasury-yield-nears-18-year-high-as-trump-tax-bill-triggers-global-bond-selloff/ar-AA1FiOKw
Take that losers!
Yeah, that was my guess. The standard of measuring everything against USD is a little outdated now, but most news viewers struggle with the idea money is itself a traded commodity with relative value, so it will probably carry on.
Spin doctors are paid to make even the most dismal of outlooks look fantastic.
High interest rates only make the treasury more insolvent - they have to pay out the higher rates, through higher taxes, eventually.
This article is an example of the exact opposite, though. It's a Canadian news organisation spinning doom and gloom about Canada for clicks.