Canada Bonds Fall as Traders Pare Rate Cut Bets on Hot CPI Data
Canadian bonds sold off after a hotter-than-expected inflation reading for May prompted traders to dial back wagers on the Bank of Canada cutting interest rates in …
![Canada Bonds Fall as Traders Pare Rate Cut Bets on Hot CPI Data](https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2024/06/two-year-yields-soar-after-hot-inflation-report.jpg?#)
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Canadian bonds sold off after a hotter-than-expected inflation reading for May prompted traders to dial back wagers on the Bank of Canada cutting interest rates in …