Are Markets Finally Pricing In An Economic Downturn?
The Loonie Hour - A podcast by Steve Saretsky - Fridays
Categories:
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.See omnystudio.com/listener for privacy information.
