All content for Curve Your Enthusiasm is the property of CIBC and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to Curve Your Enthusiasm by CIBC Capital Markets, the only podcast in the world focusing on the Canadian economy and fixed income market.
Ian is joined by Craig Bell this week, and the duo begin the episode discussing the recent cheapening of the cash market relative to swaps. Craig discusses the specific factors in the cash market impacting relative valuations, while Ian provides an update on the fair-value estimates from his swap spread modeling work. The elephant in the room is the Canadian long-end, and the richness of 10s30s and cross market. Ian and Craig spend time discussing how we got here and, what needs to happen for this richness to be remediated. Craig and Ian discuss the upcoming Bank of Canada rate decision, and get into a friendly disagreement about the proximate trigger of rate cuts in 2024.
Curve Your Enthusiasm
Welcome to Curve Your Enthusiasm by CIBC Capital Markets, the only podcast in the world focusing on the Canadian economy and fixed income market.
