Thursday’s economic releases suggested stability in the U.S. economy, but deteriorating Carney-Trump relations are stealing the attention of rate traders.
💡See also: Mortgage Tidbits (below).
With no major economic data released today, jittery bond markets–still reeling from Tuesday’s brutal selloff–were left at the mercy of more political posturing. A measure of calm returned (for now) after Trump called off his latest tariff threats.
DLCG had its 7th annual State of the Union on Wednesday.
Among the highlights, the company revealed a shiny new exclusive A-lending partnership. It also said it's making a full-throttle commitment to AI, a technology that's gone from futuristic to table stakes in record time.
💡See also: Mortgage Tidbits (below).
It’s been a bruising week for bonds. Political theatre in the U.S. and Japan jolted a global bond market already tense about Greenland.
With U.S. markets shut on Monday, Canadian CPI grabbed all the spotlight. Inflation proved just contradictory enough to confuse people, including the BoC.