U.S. and Canada rates update

U.S. and Canada rates update

From Scotiabank Market Points by Scotiabank Global Banking and Markets

August 13, 2025 · 36 min

About this episode

The episode discusses key developments in the U.S. and Canadian rates markets, including tax cuts, trade tensions, and central bank outlooks.

In this episode of Market Points, host Chris Kelly, Director and Head, U.S. Rates Sales, is joined by Boris Sender, Director, U.S. Rates Strategy, and Roger Quick, Director, Canadian Rates Strategy, to discuss key developments in the U.S. and Canadian rates markets. They cover the growth boost from U.S. tax cuts versus the drag from tariffs, Canada’s relative insulation from trade tensions, and shifting fiscal landscapes on both sides of the border. The team also explores central bank outlooks, implications for bond issuance, and insights on swap spreads for institutional investors and corporates navigating an evolving macro backdrop.

People in this episode

Host: Chris Kelly

Guests: Boris Sender, Roger Quick

Topics covered

  • U.S. rates
  • Canadian rates
  • tax cuts
  • trade tensions
  • central bank outlook
  • bond issuance
  • macro backdrop

Keywords

  • U.S. rates
  • Canadian rates
  • tax cuts
  • trade tensions
  • central bank
  • bond issuance
  • swap spreads

Mentioned in this episode

Organizations: Scotiabank Global Banking and Markets

Places: U.S., Canada

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