Rates in the USA fell on Friday to their lowest level since early January. Rates in Canada remained fairly constant. The spread in the USA remained constant at 0.16x-0.17x, whereas in Canada, it fell on Monday, then moved in a narrow band to close at 0.10, down from 0.14x the previous week. Our U.S. and Canadian charts show the respective trends in the rates of the two countries very clearly.
You can access this week’s report on the spread of the 10-year/2-year yield curve here … … RB_031519
