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
- GoC outperformance to Tsys has accelerated sharply today, especially at the long end over the past few hours (10YY GoCs +8.5bps, Tsys +17bps) as they fail to keep pace with the bear steepening.
- Moves on the day potentially muddied at the margin by two new taxes on banks and insurers now having an estimated smaller than expected revenue than projected in April (C$5.27B vs $6.1B) but the net result has been yield differentials sliding further to new Jul-2019 lows (2Y -33bps, 10Y -58bps), with a knock-on impact on USDCAD.
Source: Bloomberg
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