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SocGen analysts eyed "US policy.............>

US VIEW
US VIEW: SocGen analysts eyed "US policy re-coupling. While the debate over the
nomination of the next Fed Chair continues, the focus next week is likely to be
on the ECB meeting's potential for a further reduction in asset purchases."
- "Global policy re-coupling should slowly pressure term premiums higher," they
said. "We recommend shorting the belly via a 3s7s10s fly as a carry-efficient
way of maintaining a short bias.'

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