Canada's 5-year yield tiptoed upward as markets braced for Thursday’s data deluge. Otherwise, the day's trading had all the excitement of a beige wallpaper convention. Here's what nudged Canada’s 5-year yield on Wednesday, and in which direction.

The bond market exhaled after April’s U.S. inflation data showed tariffs hadn’t yet jacked up price levels—though that’s more a temporary reprieve. Most economists continue to think recession is a bigger risk than inflation. But that chapter isn't yet written, especially with supply

These days, there's nothing like a publicized trade deal to put a hop in the market's step. The U.S. and China have agreed to a 90-day truce on most (not all) tariffs and non-tariff measures. This ceasefire was enough to reverse Friday's dip

Friday's news pushed and pulled Canadian bonds in two directions, but gravity won. Here's how the strings were being pulled: