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Dave Rosenberg, chief economist at Gluskin Sheff, said there was no real breakthrough in the bond market, and that current interest rate yields did not significantly break the mean and median levels since 2009. After all, with tighter regulation and tight capital, high interest rates and high limits mean high risk, but investors should also be careful not to put money in one basket. Earlier this year, the average five-year Treasury note paid 1.67 percentage points, compared with 2.02 percent today. The international monetary fund has strongly defended its gloomy forecast of the UK after brexit, saying a warning of a slowdown in growth is imminent.