Rates have jumped several hurdles in the last few weeks, from CPI to GDP to job numbers. Bond yields have powered through it all to close on Friday at a 17-month low.
There's not much on the radar this week that should foreseeably force yields back up. Canada's economic calendar is light until September 17, and U.S. CPI inflation (the week's highlight) is expected to land near consensus at 2.6% y/y.
Post this quiet spell, expect the plot to thicken.
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