{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fcurveyourenthusiasm.simplecast.com%2Fepisodes%2Fexcess-hot-potatoes-s1FYXya2","width":444,"version":"1.0","type":"rich","title":"Excess hot potatoes","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/45e0c518-a723-4c2d-8373-08f14888c097/d9b1fa83-c213-4aad-b4a3-2b9373b93763/podcast-graphic-curve-20your-20enthusiasm.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/61b5dcb4-9ab7-4111-9b6a-ce5a23691455\" height=\"200\" width=\"100%\" title=\"Excess hot potatoes\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"In the first episode of 2025, Ian is joined by Aaron Carter from the financing desk to discuss recent adjustments in the short-end. The show begins with the duo discussing the importance of the Bank of Canada’s move to change the way monetary policy is implemented, namely moving back into a corridor system. Aaron gives his ‘big picture’ view on why this is a real game-changer for CORRA, and his expectations around the evolution of the spread to the target rate. Ian takes time discussing the various administered rates in the Canadian short-end and how to think about the subset of arbitrage opportunities. Aaron finishes the episode by describing the incoming tri-party repo system and how that will interact with monetary policy going forward. "}