Zero US economic data today so let’s talk about the Canadians. They have been a hot topic this week in terms of interest rate hikes, employment data and nearly taking out the entire east coast of the US with smoke. After raising rates for the first time since January earlier this week(pre-cursor to next week’s Fed, probably not), Canada posted a loss of 17.3k jobs in May and a rise in the unemployment rate. The unexpected job loss sent US Treasury rates lower for a brief period before recoverin…
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