Canada's economy shows surprising resilience despite trade shocks, with job growth and inflation near target. However, US inflation is sticky around 3%, potentially rising to 3.5% with higher oil prices. The key risk is tariff-driven inflation, with PPI climbing and consumer prices exposed to tariffs up 3-4%, pushing away from the 2% target. Expect zero rate cuts from the Fed due to persistent inflation and low unemployment.
explicit
NDX
RUT
Oil
Metals
USD
RBC
8.0
Investment Bank $1200.00B
Francis Donald 8.5
Investment Bank $1200.00B
Francis Donald 8.5
4/24/2026 9:54:32 PM
yields
US is stuck around 3% inflation. If oil hits $100, you're closer to 3.5%. Tariff-driven inflation is showing up - PPI climbing, consumer prices exposed to tariffs growing 3-4%.
With inflation going in the wrong direction and zero rate cuts expected, yields are likely to face upward pressure in the medium term.
| 4/13/2026 9:11:49 AM | medium term up | 20 days later | +4.46% | +4.46% |
| 3/30/2026 7:24:50 PM | medium term cautious up | 20 days later | -1.41% | -0.71% |
| 12/24/2025 8:45:08 PM | medium term up | 20 days later | +0.58% | +0.58% |
| 10/29/2025 8:40:43 PM | medium term cautious down | 20 days later | +0.98% | -0.49% |
| 10/14/2025 1:23:21 AM | medium term cautious up | 20 days later | +1.06% | +0.53% |
| 10/2/2025 4:24:17 PM | short term cautious down | 5 days later | +0.24% | -0.12% |
| 9/30/2025 2:00:39 AM | short term cautious up | 5 days later | +1.36% | +0.68% |
| 9/16/2025 5:59:07 PM | short term cautious down | 5 days later | +1.64% | -0.82% |
| 9/11/2025 2:15:18 AM | short term cautious down | 5 days later | +0.37% | -0.18% |
