1 Bloomberg's Odd Lots: "As Ralf Preusser at Bank of America points out, the #yieldcurves of #G10 nations like the #US, #Japan, #Australia, and #Canada, have converged to a historic degree — meaning #markets aren’t really reflecting some very different #economic outlooks." 🧵 #bonds #bondmarkets

1 Desjardins: “ #Sovereign #yieldcurves steepened following the announcement of a higher #NATO target, including for the #GovernmentofCanada ( #GoC). Canada’s #fiscal position is currently one of the most enviable among #advancedeconomies, leaving some room for potential new #spending” #cdnecon