Episodes
Monday Jan 01, 2024
Canadian bonds and the latest BoC announcement – Sri Tella
Monday Jan 01, 2024
Monday Jan 01, 2024
Portfolio manager Sri Tella joins us on the program to discuss the latest Bank of Canada announcement and how that could affect Canadian bonds. Sri says the last BoC announcement signals an intention to cut rates and potentially adopt a less restrictive or more simulative approach. He adds the Fed shares a similar concern and outlook. They are aiming to keep inflation in check before considering rate cuts. Sri says financials particularly the Canadian banking sector continues to show consistency. This stability makes it a favoured and significant sector in the Canadian corporate market. Conversely, non-financial corporates are more of a neutral outlook due to higher interest rates and refinancing challenges.
Recorded on December 8, 2023.
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