19 min listen
Fixed-income: The uptrend in bond yields remains, watch our for the BTP-Bund spread
FromSaxo Market Call
Fixed-income: The uptrend in bond yields remains, watch our for the BTP-Bund spread
FromSaxo Market Call
ratings:
Length:
16 minutes
Released:
Oct 10, 2023
Format:
Podcast episode
Description
The US bond market reaction to events in Israel over the weekend was delayed because of yesterday's closed US markets, but today bond trading has resumed and the initial reaction was lower bond yields. However, the longer end US bond yields have already come back higher again so the uptrend in bond yields remain intact. In today's episode we reiterate our call for staying in the short end of the yield curve or short-term high quality investment grade corporate bonds. Finally, we talk about the widening BTP-Bund spread and what it means for Italy and ECB rate policy, with Peter Garnry and Althea Spinozzi.
Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
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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:
Oct 10, 2023
Format:
Podcast episode
Titles in the series (100)
Macro and FX: King Dollar, pressures on China, and will ECB hike?: In today's podcast on macro and FX we discuss the ongoing strength of USD which is a function of relative weakness in Europe and China, and to what extent the US inflation report on Wednesday will impact the USD trade. China has been in focus a lot l... by Saxo Market Call