The Repo rate spike yesterday was a little reminiscent of the Repo Market Panic of 2019, when a whole series of factors collided at once and sent Repo rates spiking higher. Back then, there was a tax date, new settlements, and it was during the last round of B/S Runoff
@FossGregfoss@MacroAlf has suggested the real way to calculate real yields is to use inflation expectations from the same timeframe. Can you explain why you've chosen to use YoY numbers instead of expectations?...asking for a friend.
@PierrePoilievre@SteveSaretsky@SteveSaretsky@PierrePoilievre Great interview ๐ฅ๐ฅ Two great Canadian minds thanks for your service gentlemen. Just to add some spice for next time, what are your thoughts in regards to the Bank Bail In law in Canada? Would greatly appreciate both of your opinions.