In economics, what goes down usually goes up. And this time it went back up much faster than expected. Today's job gains nearly erased last month’s 65,000-plus loss—the type of snap-back chiropractors appreciate. But don't tell the BoC.

💡See also: Mortgage Tidbits (below). Investors nudged up the 5-year yield by two ticks on Thursday, as investors restlessly awaited Friday’s job numbers. Apart from that, however, it was yet another eerily subdued trading session.

💡See also: Mortgage Tidbits (below). Between an underwhelming U.S. Treasury auction, Fed officials fretting about inflation that refuses to cool, and Canada bracing for more trade surprises, Wednesday was a day when optimism and anxiety shared the same stage.

💡See also: Mortgage Tidbits (below). The prime minister dropped by Washington on Tuesday for a chat about tariffs. Following his meeting with the President, Trump promised that Canada would be “very happy” with the outcome. In Trump's vocabulary, that could mean anything from a handshake to a new