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J.P.Morgan Recommend Receiving Feb '21 OIS

STIR

Friday saw J.P.Morgan note that "although we currently forecast no further BoE easing, given the downside risk backdrop and some uncertainty over how the BoE could deliver further easing we recommend receiving Feb 21 MPC OIS as a partial hedge to our more bearish medium term view as UK growth risks are tilted to the downside (sticky growth rebound, COVID-19 uncertainty into the winter, Brexit)."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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