Canadian 2-Year Bond Auction 2.601% (Prev. 2.605%)
The Canadian 2-year bond auction showing a yield of 2.601%, slightly lower than the previous 2.605%, suggests modest demand but may indicate slight easing in investor expectations for future rate movements.
Bank of America (BAC) and Citigroup (C) weigh new credit cards with 10% rate, Bloomberg reports
US 30-yr fixed rate mortgage averages 6.09% in Jan 22 week vs 6.06% prior week
Canadian 2-Year Bond Auction 2.601% (Prev. 2.605%)
Copper production at a Capstone Copper Corp. mine in northern Chile has halted amid a nearly three-week labour strike, Bloomberg reports
Atlanta Fed GDPnow (Q4): 5.4% (prev. 5.4%)
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This marginal change could influence the risk sentiment in both the Canadian bond market and overall fixed income markets, particularly if it comes amidst broader discussions regarding interest rate trajectories or economic conditions.
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