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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
- The difference in yield curve steepness between the US and Canada narrowed further at the beginning of the week and has since been largely maintained with 2s10s at just 37bp in Canada and 38.5bps for the US (Nov-2020 and Apr-2020 lows).
- The 1.5bp gap is the smallest since Sep-2018, coming towards the end of their respective hiking cycles.
- This time it comes ahead of expected liftoff from the BOC on Wed and the FOMC two weeks later, with potential differences in policy guidance possibly seeing renewed modest divergence between the two.
2s10s in Canada (white) and US (yellow), with differential below (green)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.
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