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&

Canada's monetary barbers have trimmed another 25 bps off the top. The Bank of Canada lowered its overnight rate to 4.25% today, sending four key messages in the process: 1. "We need to increasingly guard against the risk that the economy is too weak and inflation

The last time 5-year fixed rates were this close to 4%, ChatGPT wasn't even a thing. And here we are, with the insured variety now as cheap as 4.19%. With a decent U.S. PCE inflation report on Friday and #dovish# jobs data next week, 3.99%

StatsCan pulled another CPI rabbit out of its hat on Tuesday. For the first time since February 2021, inflation dipped below its 10-year average. July headline CPI simmered down to a lukewarm 2.5% y/y pace, practically rolling out the red carpet for a 1/4-point Bank of Canada