But once we have a vaccine and people can work and shop and fly, how long can low rates last? (Don Pittis/CBC)Good news bad for interest ratesBut there is another group for whom good news is often bad news: borrowers. As Canadian mortgage holders and prospective home buyers will have noticed over the past decade, bad news has been good for interest rates. Market euphoria cooled offAs several financial commentators noted, the burst of market euphoria over the vaccine news may well be overblown. WATCH | Prospect of vaccine boosts stock market:Prospect of Pfizer vaccine boosts stock market 1:31 Stock markets surged Monday partly because of news surrounding the Pfizer vaccine.

Source: CBC News November 10, 2020 09:00 UTC