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CPI Beat Prompts ACGBs To Knee-Jerk Lower

CHINA RATES

China Repo Rates Diverge on Wednesday

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Swedbank on today's statement

NORGES BANK

"We read the update from Norges Bank to be quite positive and upbeat. Based on their assessment, we would not be surprised to see Norges Bank increasing the probability of penciling in four hikes this year, while leaving the endpoint of the rate path roughly unchanged at the upcoming March meeting. This is where the FRA market is currently trading, and no big impact on market OIS pricing from today’s message."

MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com
MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com

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