The Loonie Hour Podcast
Are Markets Finally Pricing In An Economic Downturn?
June 24th, 2022
Canada’s inflation rate ripped higher once again, hitting 7.7% year-over-year and surpassing market expectations yet the 5 year bond yield fell on the news and has been declining in recent weeks. Have we seen a top in bond yields? Price action across commodities also suggests the inflation story may now be transitioning to an economic slowdown.
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