Mark Chandler
Mark Chandler
becoming data less remaining third waiting
It's becoming less certain, the third (rate hike). We're waiting to see how the remaining data comes through.
canadian currency degree energy given growth record remarkable stable volatile weather
The most remarkable thing about Canadian growth is that it has been so stable given the degree of 'moving parts' like record currency strength, volatile energy prices, weather fluctuations, etcetera.
aggressive bank bit bond central economic hiking pressure retail sales strength strong
Strength in retail sales presages strong economic growth, which will put upward pressure on bond yields. The central bank may be a little bit more aggressive in hiking rates.
favor rate running statistics
All the statistics have been running in favor of more rate increases.
bank canada economy expansion firmly higher mode push rates
The economy is firmly in expansion mode so the Bank of Canada will take rates higher. Higher short-term rates will push up yields.