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Canada borrowing costs stay contained as global rout lifts US 30-year yield to 5.27%

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  • Finance Minister Francois-Philippe Champagne said investor confidence is containing Canada's borrowing costs.
  • C$80.8 billion entered Canadian government bonds from foreign investors during the second quarter.
  • Canada's budget is due in the next few months amid a projected C$65.3 billion deficit.
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