Free Trial

2023 Rate Cuts Getting Closer To Being Priced Out

CANADA
  • GoC yields have until recently continued to push higher through the session, with the 2Y +13bps nearing earlier increases seen in Treasuries.
  • It comes as BoC-dated OIS is moving closer to pricing no cuts to Dec’23 (roughly between 5-10bps) from nearer 25bps in the past couple days.
  • Macklem media roundtable remarks are embargoed for 1400ET.

To read the full story

Close

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.