CANADA: Macklem: Base Case For No Recession
Jul-12 15:32
Q: We still haven’t got the recession that people were talking about last year. Are we still talking about a soft landing or is a recession on the cards.
A: Macklem: Growth has surprised on the upside. We still think that the increases in rates are still feeding through to the economy. Our forecast shows a path to price stability with no recession.
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US TSYS: US TSY 3Y NOTE AUCTION: HIGH YLD 4.202%; ALLOTMENT 93.98%
Jun-12 15:32
- US TSY 3Y NOTE AUCTION: HIGH YLD 4.202%; ALLOTMENT 93.98%
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US TSYS: US TSY 3Y AUCTION: NON-COMP BIDS $111 MLN FROM $40.000 BLN TOTAL
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