bearish

US Rates: Loonie Tunes

209 Views20 Mar 2025 17:07
Podcast
SUMMARY
  • Canada has been in the spotlight with developments related to tariffs and retaliatory measures, as well as the Bank of Canada cutting rates
  • The FOMC meeting this week comes at a time of rising downside growth risks and upside pressure on core inflation, with expectations for the Fed to hold rates steady
  • Swap spreads have widened in recent weeks due to deregulatory optimism, with expectations for them to narrow towards fair value, driven by supply in the treasury market and demand side factors.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

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At Any Rate
Podcast by J.P. Morgan analysts on global markets
At Any Rate
Multi-AssetMacroeconomicsCross Asset Strategy
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