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CANADA BOND YIELD NON-STORY
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CANADA BOND YIELD NON-STORY

Ignore those claiming that yesterday's backup in yields was a condemnation of government policies

Kevin Muir
Jul 9, 2020
17
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CANADA BOND YIELD NON-STORY
posts.themacrotourist.com

This morning I woke up to comments from many bond traders about “Canada’s abysmal performance” yesterday. It all stemmed from Canada’ fiscal update that the government presented yesterday afternoon.

Bond traders heard some things they didn’t care for, and they sold the Canadian long end off. Hard.

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