Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
Summary: Today we look at the energy from the reaction to the hawkish FOMC minutes fading as the market looks forward to next steps for US treasury yields after the key 10-year benchmark has reached the post pandemic-outbreak high around 1.7%. Also today, a preview of earnings season kicking off next week, real yields, EU sovereign yields as the German bunds trade near zero percent, and preview the important US December jobs (and average hourly earnings!) report up later today. Today's pod features Peter Garnry on equities, Althea Spinozzi on fixed income and John J. Hardy hosting and on FX.
Listen to today’s podcast and have a look at today’s slide deck.
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