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 yields have been lifted by Treasuries following Jefferson’s commentary, IMF forecasts and stronger than expected production data.
- Softer core CPI inflation still weighs heavily though, with 2Y yields -7.6bps since the data (-3.5bps on the day) vs +1.7bps for Tsys.
- The Can-US 2Y differential is at historical lows of -77.5bps, last seen as SVB failed in early Mar’23)
- In the nearer-term, there is now 16-17bp of cuts priced for the next meeting in June vs 13-14bps pre-CPI (it was ~20bps before US CPI strength).
- CORRA futures see 69bps of cuts through 2024 contracts vs 62bps pre-CPI.
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