So many mortgagors are tapped out. They're imploring the rate gods at 234 Wellington Street for cuts.
Much to their irritation, forward pricing in Canada's bond market isn't cooperating.
OIS data from Bloomberg now imply:
So many mortgagors are tapped out. They're imploring the rate gods at 234 Wellington Street for cuts.
Much to their irritation, forward pricing in Canada's bond market isn't cooperating.
OIS data from Bloomberg now imply:
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