Canadians Snap Up Most US Bonds Since 2023 Despite Trade Spat
A bitter trade war hasn't dented Canadian investors' appetite for American assets as they continue to pile into US bonds.
Investors in Canada picked up a net C$9.2 billion ($6.8 billion) of US government bonds in April, the largest investment since November 2023, Statistics Canada reported Tuesday. Investors also bought C$1.1 billion in US Treasury bills and reduced exposure to US stocks the same month — a volatile period for markets amid rising tariff tensions.
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