19 min listen
Fixed-income: A hawkish pause from ECB and attractive risk-reward in bonds
FromSaxo Market Call
ratings:
Length:
17 minutes
Released:
Sep 12, 2023
Format:
Podcast episode
Description
In today's podcast on fixed-income we preview the ECB rate decision on Thursday on the back of a recent stagflation outlook from the EU Commission making the policy decision a difficult one. We argue for a hawkish pause with the potential move by the ECB to stop reinvestments into the PEPP facility. Based on a slowing economy and stagflation light outlook we go through why both European and US sovereign bonds have an attractive risk-reward ratio, with Peter Garnry and Althea Spinozzi.
Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
Click here to open an account with Saxo
Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
Click here to open an account with Saxo
Released:
Sep 12, 2023
Format:
Podcast episode
Titles in the series (100)
Macro and FX: Can the higher for longer narrative continue?: Last week ended with both equities and bonds lower following the Fed's hawkish message with rates staying higher for longer to deal with inflation and the strong economy which lifted the longer end of the US yield curve. This week key event risks to ... by Saxo Market Call