Meanwhile, In Canada: GDP Grows The Most Since The Turn Of The Millennium

And so, as yields and the dollar predictably bounce back from tepid U.S. econ data that can be spun as either "evidence that the economic recovery remains resilient" or "between the ECI miss and the PCE putting up the weakest showing since 2010, the outlook is deteriorating" (depending on your penchant for optimism), it's worth noting the divergence between the U.S. and Canada. Consider the following data out north of the border this morning: Canada GDP rose 0.6% m/m in May, according to Sta