In a week devoid of meaningful Canadian data, the spotlight has swivelled south. Yesterday, bond markets spent most of their time stewing over a weaker-than-expected U.S. retail sales report. That, plus more Trump-Canada squabbling (this time over a bridge), brought out the bond buyers. Now all eyes shift to

💡See also: The latest rate simulator results (below). Monday's bond markets remained subdued in the absence of any meaningful economic data or shocks. But we nonetheless picked up plenty of signals that could steer rates over the medium term.

💡Also in this edition: • Arrears Are Cyclical. Don't Act Like It’s News • 98% Financing Just Rolled into Nova Scotia • As Cars Get Pricier, Mortgages Get Harder Mortgage rates aren’t hanging out at 1.99% anymore, but make no mistake, they're still priced aggressively. The