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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 yields trade 6-7bps lower on the day, holding some outperformance to Tsys through the session.
- The Can-US yield differential has mostly reversed yesterday’s increase for the front end, but the longer-end still holds onto some of the lift seen after Gravelle’s QT comments [2Y at -49bps, 10Y at -77bps].
- Latest fiscal data for January showed a deficit of C$2.1bn vs C$0.9bn in Jan’23.
- Further, fiscal year-to-date cumulative spending is rising at a far faster rate than revenues. Program expenses have increased 6.7% and public debt charges 35.9% vs revenues increasing just 3% (with tax take +1.1% and income taxes just +0.2% owing to declines in corporate tax revenues).
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.
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