Free Trial

US TSYS: J.P.Morgan Continue To Recommend 5s/10s Flatteners

US TSYS

J.P.Morgan believe that with “the Fed likely on hold for an extended period and OIS forwards priced for our 50bp of forecasted easing in H225, we think the front end looks fairly priced right now and we remain neutral on duration. However, the curve looks too steep given the level of front-end yields and we continue to recommend 5s/10s flatteners.”

60 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

J.P.Morgan believe that with “the Fed likely on hold for an extended period and OIS forwards priced for our 50bp of forecasted easing in H225, we think the front end looks fairly priced right now and we remain neutral on duration. However, the curve looks too steep given the level of front-end yields and we continue to recommend 5s/10s flatteners.”