Front End Follies

In this episode, Andrew Wallace, part of BMO’s Government of Canada bond trading team, joins me to discuss last week's Bank of Canada rate hike, investor reactions, the path for monetary policy, expectations for the federal budget and issuance, and our favourite trade ideas. As always, all feedback is welcome.

In this episode, Joel Prussky, BMO’s OIS and cross-currency trader, joins me for a final time ahead of his upcoming retirement. We discuss the outlook for the Bank of Canada, the broader rates backdrop, along with his first appearance on the show over six years ago and how his thinking has evolved. I’d also like to thank Joel for his contribution to Views from the North over the years, hopefully the listeners enjoyed his commentary as much as I have. This episode was recorded on Wednesday October 14.   As always, all feedback is welcome.

In this episode, Chris D’Onofrio, one of BMO’s Canadian dollar swap traders, joins me to discuss the highlights from our marketing trip to London last week, the evolution of Bank of Canada pricing after the hawkish turn two weeks ago, Prime Minister Carney's pro-business shift and what that could mean for the economy, and our favourite trade ideas. As always, all feedback is welcome.

In this episode, Jeff Oland, part of BMO’s Government of Canada bond trading team, joins me to discuss the Bank of Canada’s latest decision and surprisingly hawkish tone, the broader inflation backdrop, rising global yields, and our favourite trade ideas. As always, all feedback is welcome.

In this episode, Adam Whitlam, head of the Toronto rates sales desk, joins me to discuss the constantly changing macro backdrop, how that impacts the outlook for the Bank of Canada and the yield curve. We also look back to assess our trade ideas from Adam’s last episode in April, and provide some new ones amid the summer market doldrums. As always, all feedback is welcome.

In this episode, Robert Kavcic, a Senior Economist from the BMO Economics team, joins me to share his perspective on the state of the Canadian housing market. We go through the various fundamental drivers and discuss whether the market is bottoming after a challenging few years. In addition, we preview next week’s Bank of Canada policy announcement. As always, all feedback is welcome.

In this episode, Andrew Wallace, part of BMO’s Government of Canada bond trading team, joins me to discuss the recent relative outperformance of the Canadian bond market, front-end dynamic and how futures positioning has shifted, the macro backdrop, and a couple of trade ideas.  As always, all feedback is welcome.

In this episode, Jeff Oland, part of BMO’s Government of Canada bond trading team, joins me to discuss how the June 1/2 extension shaped up, the state of the Canadian economy amid a somewhat persistent negative data flow, how the federal government is performing, and where we see opportunities in the market. As always, all feedback is welcome.

In my 100th episode, Joel Prussky, BMO’s OIS and cross-currency trader, joins me to discuss the current macro environment, with a focus on inflation and what that means for the Bank of Canada. Joel also shares his favourite trade ideas amid heightened uncertainty. As always, all feedback is welcome.

In this episode, Chris D’Onofrio, one of BMO’s Canadian dollar swap traders, joins me to discuss how market behaviour has evolved as the Middle East conflict appears to be waning, what that means for Bank of Canada pricing, whether we could get any surprises in the coming Spring federal fiscal update,  and his favourite trade ideas. As always, all feedback is welcome.