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Rate Psychology Shifts

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Also in this weekend's edition:
• CMHC Makes Controversial Multi-Family Move
• Mortgage Bytes
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So far, June is shaking up the rate market like a snow globe, and there may be more to come.

Canadian yields have collapsed 50+ bps in two weeks as markets figure out that inflation may not be as clingy as they thought. A move this seismic reflects a major rethink in market psychology.

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