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See also: Mortgage Tidbits (below).
Canada's bond market on Thursday felt like everyone collectively inhaled and decided not to exhale until Friday’s job numbers dropped.
For the BoC, a surprise labour reading could tip the scales toward more rate relief on September 17—or another six weeks of being on pause.
South of the border, a Fed cut looks as certain as tomorrow. Weak labour data would just be extra ammunition for U.S. rate doves.