{
    "terms": {
        "url": "https://www.bankofcanada.ca/terms/"
    },
    "groupDetail": {
        "label": "Chart 2: Estimated impact of trading flows on the Government of Canada bond market",
        "description": "Average change in market value (%) and yield (basis points, 10-year bond) for Government of Canada (GoC) bonds over one quarter\n\nSources: Statistics Canada, Intercontinental Exchange Bank of America Canada Government Index and Bank of Canada calculations",
        "link": "https://www.bankofcanada.ca/?p=246608"
    },
    "seriesDetail": {
        "SAN_VALA20250605_C2_S1": {
            "label": "Percentage change in market value of GoC bonds",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        },
        "SAN_VALA20250605_C2_S2": {
            "label": "bps",
            "description": "",
            "dimension": {
                "key": "k",
                "name": "Category"
            }
        }
    },
    "observations": [
        {
            "k": "Hypothetical scenario: A hedge fund sells 1% of the GoC bond market over one quarter",
            "SAN_VALA20250605_C2_S1": {
                "v": "-0.20"
            },
            "SAN_VALA20250605_C2_S2": {
                "v": "2"
            }
        },
        {
            "k": "Real-world historical scenario: The Bank of Canada buys 3.6% of the GoC bond market, net of new issuances ($19 billion) in 2020Q1",
            "SAN_VALA20250605_C2_S1": {
                "v": "1.10"
            },
            "SAN_VALA20250605_C2_S2": {
                "v": "-11"
            }
        }
    ]
}