Today's post explains why the last week's GDP and employment data bolstered the view that rates have peaked, and outlines why variable mortgage rates are worth a fresh look.
Today post covers the Fed hawkish hold, the latest US and Canadian economic data releases, and some refreshingly candid comments from the Bank of Canada.
Today's post explains that while the latest economic data have increased the odds of another BoC rate hike, the bond market's reaction to that data might end up eliminating the need for one.