May 10, 2024 07:11 GMT
/STIR: Citi Eye June cut, Like Front End, Forward Curve Steepeners & X-Market Gilt Longs
GILTS
Citi note that their GBP rate views “boil down to incoming data, which we think will be sufficient to allow a June cut (and with it open the door to a run of cuts this year), keeping us in bullish front-end exposure for the medium-term, in forward curve steepeners and liking gilts cross-market.”
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