Yields took a gentle slide on Tuesday, heading into Wednesday's central bank doubleheader. The Bank of Canada bats first with its 9:45 a.m. announcement, with the Fed stepping up to the plate at 2:00 p.m. ET. Spoiler alert: rates shouldn't budge, but

💡See also: Mortgage tidbits below Monday's bond trading was so tranquil that we thought our screen had frozen. Ahead of major economic announcements—of which there are many this week—you expect light trading, but this was monk-quiet. That said, here's what pressured Canada's

💡See also: Mortgage Tidbits below Friday brought fresh trade anxiety when Trump casually floated the idea of ditching talks and slapping Canada with ongoing tariffs. But despite the threats sending a chill through Canadian markets, yields remain in an uptrend.

Markets spent another day arguing whether trade chaos means higher prices, an economic slump, or both. Canada's 5-year yield took it all in and closed right on the fence.