Q4 U.S. and Canada rates outlook

After a turbulent year so far for global bond markets, U.S. and Canadian rates are telling different stories. In this episode of Market Points, Scott Morrison, Managing Director and Head of Interest Rates Solutions, Commercial FX and Emerging Markets Sales, Canada, is joined by Boris Sender, Director, U.S. Rates Strategy, and Roger Quick, Director, Canadian Fixed Income Strategy, to examine the forces behind the sharp rise in yields and what may come next. They discuss the resilience of U.S. growth, shifting expectations for the Federal Reserve and Bank of Canada, and the pressures driving long-term yields. The conversation also looks ahead to the data, policy decisions, and market dynamics that could influence market direction as 2026 draws to a close.