Week Ending April 12, 2026

Quick Market Roundup

Policy Rates

🇨🇦
0.00%
BoC
🇺🇸
0.00%
Fed
🇪🇺
0.00%
ECB
🇬🇧
0.00%
BoE

Market Snapshot

Fixed Income
CA 10Y
0.00%
-4bps
US 10Y
0.00%
-1bps
IG Spread
0bps
Neutral
Equities
S&P 500
0
+1.8%
TSX
0
+2.1%
NASDAQ
0
+1.5%
Alternatives
WTI Oil
$0.00
+8.4%
Gold
$0
+2.1%
VIX
0.0
+1.2pts

Sentiment

Fixed Income
Duration: Cautious
Credit: Neutral
Quality: Positive
Equities
Sectors: Risk-on
Style: Value
Hedging: Underweight
Alternatives
Strategy: Expanding
Liquidity: Neutral
Hedging: Risk-on

This Week's Highlights

RatesPolicy divergence intensifies with Fed maintaining restrictive 3.75% while BoC holds at 2.25% amid recession concerns. Canadian 10Y rally extends to 3.46% as 2s10s curve steepens to +67bps on growth downgrades per TD Economics.
SectorsFinancial stocks led broad-based cyclical outperformance as yield curve steepening benefits net interest margins, while defensive sectors lagged on risk-on rotation.
StrategyPrivate credit yields at 13.2% are attracting record allocations while oil rally above $114 is reshaping real assets positioning toward energy infrastructure and away from traditional REITs.

Explore

Fixed IncomeRates, credit spreads, and institutional duration views
EquitiesSector rotation, style factors, and strategist targets
AlternativesPrivate markets, real assets, and hedge fund strategies

Recent Reports

ALTPrivate Credit Yields Hit 13.2% as Oil Rally Tests Real Assets AllocationApril 12, 2026EQFinancials Lead Risk-On Rally as VIX Normalizes Below 20April 12, 2026FIBoC Holds at 2.25% While Fed Signals Extended Restrictive PolicyApril 12, 2026ALTPrivate Credit Dominates as Oil Surge Tests Real Assets DiversificationApril 5, 2026EQElevated VIX Signals Caution Amid Q1 Earnings SeasonApril 5, 2026FIDuration Caution Persists as Central Banks Signal Extended Policy DivergenceApril 5, 2026