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
- BAX implied yields have almost given back the dip to end-2022 and more than unwound it further out after the earlier CPI miss which at the time saw OIS pricing fall 3bps to a 69bp hike for the Sep 7 decision.
- That OIS level still holds but BAZ2 yields have climbed back to just shy of highs after last week’s US CPI beat and the front-loaded 100bp BoC hike, sitting only -1.5bps at 4.105%.
- Further, with an intraday swing currently of 10bps, BAZ3 yields sit +2bp at 3.59% and in the process only marginally unwind the recent ramp up in inversion with still more than 50bps of cuts priced.
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