BMO Views from the North

In this episode, Andrew Wallace, part of BMO’s Government of Canada bond trading team, joins me to discuss the takeaways from his recent trip to London, the challenging market backdrop, and some trade ideas.

As always, all feedback is welcome.

In the first episode of 2026, Jeff Oland, part of BMO’s Government of Canada bond trading team, joins me to discuss next week’s Bank of Canada policy announcement, the state of the Canadian economy, the wild headlines over the past few weeks, as well as market thoughts and trade ideas.

As always, all feedback is welcome.

In the final episode of 2025, Joel Prussky, BMO’s OIS and cross-currency trader, joins me to discuss the recent Bank of Canada and Fed policy announcements, potential paths for monetary policy, the outlook for 2026, and his favourite trade ideas. Happy holidays to all! I’ll be back with more episodes in the New Year!

As always, all feedback is welcome.

In this episode, Sam Buckley, Head of BMO’s Government of Canada trading desk, joins me to discuss Canada’s massive December 1 index extension, the outlook for the Bank of Canada and Fed, as well as his thoughts on what’s in store for 2026 and some trade ideas into year end.

As always, all feedback is welcome.

BMO held its annual Toronto Macro Summit last week. I was honoured to participate on a panel with our guest speaker James Aitken, a globally renowned macro strategist, and Ian Lyngen, BMO's head of US rate strategy, with Joe Leary, BMO's co-head of fixed income as moderator. Joe orchestrated a lively discussion on a wide range of topics that goes well beyond the usual Canada focus.

This episode of Views from the North is a recording of the panel that was held on the evening of October 30th.

I hope you enjoy listening as much as I enjoyed participating.

As always, all feedback is welcome.

In this episode, Manmit Pandori, head of tactical and accrual trading at BMO Capital Markets, joins me to discuss the current state of the credit market, whether spreads can keep tightening, how his team is positioning themselves, and what could blow it all up.

 As always, all feedback is welcome.

In this episode, Andrew Wallace, part of BMO's Government of Canada bond trading team, joins me to discuss our expectations for next week's Bank of Canada policy announcement, takeaways from my recent trip to London, front end curve dynamics, the outlook for the yield curve, and our favourite trade ideas.

As always, all feedback is welcome.

In this episode, Adam Whitlam, part of BMO's Canadian institutional fixed income sales team, joins me to discuss the persistent richness of credit spreads, North American inflation dynamics and the divergence in how the BoC and Fed are reacting, as well as an update on what's topical in fixed income markets.

As always, all feedback is welcome.

In this episode, Chris D’Onofrio, one of BMO’s Canadian dollar swap trades, joins me to discuss the outlook for the Bank of Canada, whether the front end has cheapened enough, and the potential path for the yield curve and swap spreads.

As always, all feedback is welcome.

In this episode, Robert Kavcic, a Senior Economist from the BMO Economics team, joins me to share his insights on the state Canadian housing market, the fundamental drivers, regional differences, how much further prices might have to fall, and where the market is heading over the coming years.

As always, all feedback is welcome.