💡See also: Mortgage Tidbits (below). Just as traders were getting cozy with the idea of Fed cuts, along comes a wicked curveball. On Thursday, it was U.S. PPI, which detonated the biggest blowout (forecast overshoot) in years.

💡See also: GDS talk in today's Mortgage Tidbits (below). With an economic calendar devoid of action, our five-year yield rose by a single lonely basis point, mostly out of boredom. But that alone is notable for one simple reason. Friday's flaming dumpster of a U.S.

💡See also: Mortgage Tidbits below A flurry of headlines jostled Canadian yields on Thursday, but the biggest news came after the market's close. Trump signed an order lifting his seat-of-the-pants tariff on Canadian imports from 25% to 35% (CUSMA goods are still exempted). The President again pinned heavy

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