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SOFR/Treasury Option Roundup

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US VIEW: Citi economics "does not think the US CPI miss warrants much
reassessment of its current Fed outlook. Core biases into the report's release
largely remain the same after: constructive equities; looking for higher 10y
yields; cautious on EM; expectant of continued bouts of USD pullbacks; and
expectant that oil is putting in a top near current levels. Retail sales and
upcoming Fedspeak will serve as the next major signposts, along with
geopolitics. Recent headlines from Thursday stress that trade tensions could
kick back up, as we detail below."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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