U.S. yields rallied hard on Friday, and Canadian yields were hot on their heels. These are some of the factors that fuelled the bond market theatrics, and their directional influence.

💡The new rate simulator with updated forward rates is available here. Yields drifted northward today as talk of trade breakthroughs kept rates afloat. Traders also braced for Friday's job data to either confirm resilience or yell “recession.” Here's more of what got rates twitching on Thursday,

Wednesday brought a deluge of macro data, and the latest numbers hint at a slipping economy in Q2 and Q3. The real cliffhanger for mortgage rates, however, is whether inflation will spike like the morning line at Tim Hortons. Following today's fresh data, here's what'

Canadian rates shrugged off Monday night's election squeaker. Since a Liberal win was already baked in, U.S. trade rumblings dominated our bond market's headspace today. Five-year yields got tugged in a few directions, and here's what was doing the yanking.