Free Trial

GoCs Slowly Paring Gains, Canada Agrees To $13B Subsidies For VW

CANADA
  • GoCs continue to chip away at the day’s sizeable gains along with Treasuries. 2YY now -6.6bps with gains on the day led by the belly with 5YY -7.8bps.
  • Earlier, Canada has pledged subsidies that could top C$13B over a decade to land VW’s electric-vehicle battery plant for the company’s first outside Europe (essentially competing with what VW could have received in the US with the IRA).

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.