Canadians snapped up U.S. debt in April despite Trump’s tariffs, but the bond selloff tanked its value

• April’s massive bond selloff didn’t stop Canadians from buying Treasuries, but it weighed heavily on the value of their holdings. Higher interest rates in the U.S., where the Federal Reserve has been much more patient to cut interest rates than other central banks, have likely spurred demand.               

Canadians have been ditching all-things American after having enough of U.S. President Donald Trump’s threats about tariffs and making their country the “51st state.”

...