Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CANADA
- A combination of Gov. Macklem’s openness to larger than 50bp hikes and rampant industrial price inflation has helped drive the BAX curve steepen at the very front end with 10-11.5 tick declines across front whites.
- The terminal rate appears somewhat capped however, with implied yields falling 6-7bps to remain crudely consistent with an overnight rate around 3.25% in 2023, above the 2-3% range the BoC now sees a neutral (a flattening through 2023 that has continued throughout today).
- The next key trigger comes with Macklem’s 2hr appearance at the House finance committee on Monday, 1100ET.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok