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J.P.Morgan Recommend Tactical Short In 5s

US TSYS
HomepageBond Market NewsBulletMarketsFixed Income Bullets

J.P.Morgan recommended a tactical short in 5-Year Tsys late on Friday.

  • They believe that “near term, the Treasury market are actually skewed bearishly.”
  • They view the French political situation as relatively localised, while they see upside risks heading into this week’s domestic retail sales release, with above consensus calls for that data.
  • Those matters, coupled with outright and relative value considerations, triggered the recommendation.
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J.P.Morgan recommended a tactical short in 5-Year Tsys late on Friday.

  • They believe that “near term, the Treasury market are actually skewed bearishly.”
  • They view the French political situation as relatively localised, while they see upside risks heading into this week’s domestic retail sales release, with above consensus calls for that data.
  • Those matters, coupled with outright and relative value considerations, triggered the recommendation.