Canadian interest rate futures
There are three Bank of Canada announcements concerning interest rates for the rest of the year: September 6, October 25 and December 6. Right now 3-month Banker’s Acceptance rates are 1.2%. The BAX futures are signalling that there is a better than 50/50 chance that rates will increase 0.25% in the September 6 cycle, and … Continue reading Canadian interest rate futures
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