Gold’s surge past $5,000 (U.S.) an ounce amid policy rate pauses from both the Federal Reserve and Bank of Canada have given macroeconomic watchers much to discuss. Bipan is joined by RBC Capital Markets’ Jason Daw to talk about what they expect for yields, term premia, trade risks and more. This podcast was record live on January 29, 2026.

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E28 – Hike, Hold or Cut? Where the BoC and Fed Policy Paths are Headed Next

The Open Outcry

E28 – Hike, Hold or Cut? Where the BoC and Fed Policy Paths are Headed Next