Canada's 10-year yield reached a fresh two-year-plus high Thursday, but Reuters and Investing.com now attribute the move to a global bond selloff tied to a soft US Treasury debt buyback plan, not the tariff dispute that drove the prior two sessions. That distinction matters heading into Friday's Canadian inflation print: only the tariff-driven portion of the recent climb would be expected to unwind if the data comes in soft, while the globally-driven portion would not.
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