08:19 AM EDT, 03/13/2025 (MT Newswires) -- The futures market is priced nearly 50-50 for another Bank of Canada rate cut at the next meeting on April 16, said Rosenberg Research.

This is exactly what was being discounted for Wednesday's BoC policy meeting back on Jan. 29 when investors thought the lack of forward guidance meant Canada's central bank wouldn't go again, noted Rosenberg Research. But it did so on Wednesday.

It will again, stated Rosenberg.

At that time, those who believed the BoC wouldn't cut again at Wednesday's confab missed a "very nice" 20 basis point decline in the two-year Government of Canada (GoC) bond yield over these past six weeks, pointed out Rosenberg.