Government of Canada Two-year Bonds Richen Vs U.S. Treasuries, notes National Bank
BY MT Newswires | TREASURY | 08:51 AM EDT08:51 AM EDT, 05/20/2026 (MT Newswires) -- Government of Canada (GoC) two-year bonds have "richened" on a cross-border basis to the tune of 14 bps versus United States Treasuries since the start of this month, with the bulk of that
outperformance stemming from Tuesday's roughly 10 bps move, said National Bank of Canada.
Early Wednesday, the GoC-UST two-year differential is opening slightly richer at -109 bps, added the bank. This is ahead of an auction at midday of $5.5 billion in 2-YR CANADAS.
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