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 futures see outperformance to US rates, with implied yields holding a push higher (most active Jun’23 +1.5bps, Dec’23 +6bps, Jun’24 +6bps) vs SOFR +1-3bps over similar contracts.
- The resumption of the higher for longer push sees BAH3/Z3 back into positive territory, at +0.015, still a few basis points off last week’s highs but substantially higher than the -0.75 after the Jan 25 BoC decision.
- Heading into Wednesday’s BoC decision, near-term contract yields are little changed since the last meeting but the Dec’23 yield is almost 75bps higher and the Jun’24 125bps higher.
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