1100 ET - A speech later this week from the Bank of Canada's No. 2 official, Carolyn Rogers, is taking on heightened importance due to repricingin the overnight-index swap market for rate increases later this year, TD Securities say. She speaks at a Thursday luncheon in Brandon, Manitoba, just over a week after the central bank left its policy rate unchanged while arguing it was premature to determine the economic impact from the war in Iran. Since that decision, traders have priced in three BOC rate increases before the end of 2026, and Rogers has a chance to respond to recent OIS trading. "We see risks to the downside" to that trade, TD Securities says, "as the fundamentals don't support current positioning." (paul.vieira@wsj.com; @paulvieira)

(END) Dow Jones Newswires

March 23, 2026 11:01 ET (15:01 GMT)

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