New data 2-Year Bond Auction
8/1/2024
actual 3.305, previous 3.689
The event is a 2-Year Bond Auction in Canada, scheduled for August 1, 2024, at 16:00 GMT. The actual yield for the auction is 3.305%, which represents a decrease of 0.384% compared to the previous auction. This event is categorized as having a low impact on the market. The currency involved is the Canadian Dollar (CAD). Bond auctions are important events as they provide insight into investor confidence in the country's economy and government securities. A lower yield compared to the previous auction could indicate decreased demand for the bonds being auctioned.This is not investment advice. Remember to verify the information provided here.
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