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Month End extensions

CROSS ASSET

Bloomberg Bonds:

  • US Tsys: +0.06yr (small, average).
  • EU Govies: +0.07yr (average).
  • UK Govies: 0.00yr (non event).

MS Bond:

  • US Tsys: +0.06yr (small, average).
  • EU Govies: +0.07yr (average).
  • UK Govies: to contract (non event).

Credit Agricole FX:

  • They see strongest buy signal this month is the USD against the AUD, while their corporate flow model looks for EUR.
Citi FX:
  • They see fixed income hedge rebalancing flows as being mildly USD positive, except against the JPY due to JGB underperformance.

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