💡See also: Mortgage Tidbits below, with a shiny new feature announcement. The conflicting forces acting on Canadian yields are as powerful as lunar tides. Tuesday’s rate action was a perfect example.

💡See also: Mortgage Tidbits below (including a few business builders) With Friday serving up no important domestic data releases, Canada’s 5-year yield drifted with global currents like a rudderless dinghy, closing flat on the day. Fortunately, encouraging signals on inflation expectations broke the monotony.

💡See also: • Canada’s Real Estate Stalemate Continues • Mortgage Tidbits below, including an important rate warning Tuesday's lively underlying inflation readings launched yields to levels they haven't seen in six months. Not only did that send economists scrambling to delay their rate‑cut calls (again), it

💡See also: Mortgage tidbits below. Wednesday was a peaceful day on the Canadian macro front, but falling U.S. rates proved once again that Canadian bonds are easily distracted by shiny American objects.