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MONTH END EXTENSION (updated)

CROSS ASSET

Bloomberg Bonds:

  • US Tsys: +0.10yr (below average, but still ok).
  • EU Govies: +0.03yr (small).
  • UK Govies: -0.02yr (non event).
  • JGBs: +0.04yr (small)

MS Bonds:

  • US Tsys: +0.06yr (small).
  • EU Govies: +0.04yr (small).
  • UK Govies: -0.02yr (non event).

Barcap FX:

  • Their model shows weak USD selling against most majors and are neutral versus the EUR and the JPY.
Credit Agricole FX:
  • They are mostly neutral for Month End rebalancing, but see better selling in USD vs the Pound, and also EUR selling on the margin.

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