(Reuters) - Economic data released last week showed an unexpected drop
in April wholesale trade, which wiped out strong gains in the
prior two months, while March retail sales missed estimates.
The soft data followed a string of upbeat economic
indicators that topped estimates and convinced most primary
dealers that 25 basis point rate hikes by the Bank of Canada in
July and September were a lock.
Read more at Reuters.com Bonds News
in April wholesale trade, which wiped out strong gains in the
prior two months, while March retail sales missed estimates.
The soft data followed a string of upbeat economic
indicators that topped estimates and convinced most primary
dealers that 25 basis point rate hikes by the Bank of Canada in
July and September were a lock.
Read more at Reuters.com Bonds News
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