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Wednesday saw J.P.Morgan note that "while...>

US TSYS
US TSYS: Wednesday saw J.P.Morgan note that "while our medium-term outlook for
breakevens remains unchanged, near-term risks appear skewed to the downside.
TIPS have richened versus other markets, increased COVID-19 infection rates
could weigh on risk assets, and we don't expect the Fed to adopt calendar- or
outcome-based forward guidance until September. Take profits on longs in 5-year
TIPS."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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