It was a dull one in Canada's bond market on Thursday, but our rates still took cues from the economic pep south of the border.

💡See also: Mortgage Tidbits below. Most lenders are still showing patience with fixed rates. So far, just 7 of 30 national lenders have boosted mortgage pricing following the recent yield spike. That said, with swap spreads at a 14-month low—and 20 bps below the five-year average—that patience will

💡See also: • Canada’s Real Estate Stalemate Continues • Mortgage Tidbits below, including an important rate warning Tuesday's lively underlying inflation readings launched yields to levels they haven't seen in six months. Not only did that send economists scrambling to delay their rate‑cut calls (again), it

Much like the broader economy, real estate's mostly drifting, looking for directional inspiration. June CREA data confirms the market is stuck in an arm wrestle between positive and negative forces. We'll dissect those details shortly, but first, here were the highlights: