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
- GoCs have largely reversed yesterday’s bull flattening in 2s10s, with 2Y yields up more than 5bps having touched new highs of 2.093% and 10Y yields up 9bps at 2.395%, 2bps shy of Tuesday’s highs.
- However, with a largely parallel shift in 5Y and 30Y tenors, the section of the curve that saw the largest flattening yesterday, 5s30s at ~23bp remains the flattest since Mar-2020 and only ~20bps off Dec-2019 flats (aside from the Mar 9, 2020 spike lower).
- Parliamentary Budget Officer Giroux estimates that Canada would need to set aside C$20-25B per year to meet NATO’s defence spending target in order to increase spending from 1.4% GDP currently to 2% GDP.
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