Free Trial

Morgan Stanley Add A JPY OIS 10s/30s Steepener Position Trade Recommendation

JGBS

Morgan Stanley have added a JPY OIS 10s/30s steepener position to their trade recommendations portfolio, as they “saw the BoJ's newly introduced long-term funding supply operations to reprice the excessive pricing on the belly of the curve. The risk of this trade is another speculation for the BoJ's normalisation.” The recommended entering the trade at 56bp.

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

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.