加拿大10年期政府债券收益率高于3.87%，创下近六个月新高，追随美国国债走高，因为美国通胀和劳动力数据抵消了疲软的GDP增长，抑制了美联储降息的预期。尽管美国经济增长弱于预期，但核心PCE价格指数超过了预期，加上失业救济申请人数创下两个月新低，劳动力市场强劲，缓解了宽松借贷成本的压力。与此同时，加拿大消费者支出停滞不前，第一季度零售额没有增长，突显了经济减速。最近的数据还显示，3月份国内年通胀率为2.9%，低于预期，加拿大央行监测的核心通胀指标下降幅度超过预期，暗示潜在通胀将降低。这种情况可能会促使降息，支持加拿大政府债券，缓解美国国债的大幅抛售。
The yield on the Canadian 10-year government bond was above 3.87%, marking a near six-month high and tracking US Treasuries higher, as US inflation and labor data countered sluggish GDP growth, dampening expectations for Fed interest rate cuts. Despite weaker-than-expected US economic growth, the core PCE price index surpassed estimates, alongside a robust labor market indicated by jobless claims at a two-month low, eased pressure for accommodative borrowing costs. Meanwhile, stagnant consumer spending in Canada, as evidenced by no growth in Q1 retail sales, underscored economic deceleration. Recent data also showed domestic annual inflation at 2.9% in March, below expectations, with core inflation measures monitored by the Canadian central bank declining more than anticipated, hinting at expectations for lower underlying inflation. This scenario may prompt interest rate cuts, supporting Canadian government bonds and alleviating the sharper sell-off seen in US Treasuries.
