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BMO Capital

Yields dip as investors buy bonds for month-end

Yields dip as investors buy bonds for month-end

  • "Right now it's month-end rebalancing," said Ian Lyngen, head of US rates strategy at BMO Capital Markets in New York, noting the next major market catalyst will be next Friday's jobs report for April.
  • The yields fell back down in the afternoon, however, and are now trading in the middle of their recent range.
Published 30 Apr, 2021 08:46pm
Canada's economy posts 9.6pc annualized growth in Q4
World

Canada's economy posts 9.6pc annualized growth in Q4

  • "There are a lot of moving parts here but overall I would say this is generally better than expected," said Doug Porter, chief economist at BMO Capital Markets.
  • The Canadian dollar was trading 0.1% lower after the data at 1.2661 to the greenback, or 78.98 US cents, easing back from a rally the previous day.
Published 02 Mar, 2021 08:44pm