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National Bank Sees Scope for Broader Government of Canada Bonds Outperformance Vs. U.S. Treasuries

-- Government of Canada (GoC) 30-year bonds have remained in a richer range to their United States Treasury counterparts year-to-date, failing to push well beyond the 100 bps differential, notes National Bank of Canada.

While the near-term outlook is "muddied," the bank still sees scope for broader GoC outperformance on the back of a more favorable fiscal footing.

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