Free Trial

Front GoCs Have Almost Reversed CPI Rally

CANADA
  • GoC yields are pushing higher again having earlier bounced off post-CPI lows and then seen a further boost on the strength of US PMIs.
  • At 4.216%, the 2YY is now just 1bp below pre-CPI levels for +7bps since Friday’s close (5YY and 10YY +11bps since Fri) as US and European PMIs were both stronger than expected in February.
  • It marks wide session ranges for the 2YY with a high of 4.2484% and a post-CPI low of 4.1465%.

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.