Well, that didn't take long. Turns out the quickest route to a Canadian policy reversal is a Trump tweet and a whiff of recession.
After Trump threatened new tariffs over Canada’s digital services tax (DST), Carney pulled the plug faster than a fire marshal at a pyro expo.
Canada’s bond market yawned at the drama, with yields unchanged until a midday dip in Treasury yields pulled them lower.
Here's more on what steered our 5-year yield Monday, and in which direction...
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