Inflation Watch – How are markets pricing inflation in 1 year?
Main findings: The risk-neutral probability distribution for USD 1Y inflation has a substantially larger right-hand skew than the one for...
273 Views
EUR HICP Forecast: HUGE Vol in Germany. A Deflation Shock?
Morning and welcome to our latest now-cast update from the Eurozone. We see a -0.7% MoM print in the Euro-zone HICP with most of the dovish...
225 Views
Positioning Watch – How are markets positioned in inflation?
Like we mentioned in the first positioning watch of the year, holders of risk-assets have entered a slightly more cautious stance, and the classic...
390 Views
Global Rates: January ECB Meeting and Euro Rate Markets
The ECB is expected to remain on hold at the upcoming meeting, with the focus on their updated views on growth, inflation, and any forward guidance.
365 Views
USD Liquidity Watch: Treasury Selling Due to Bank Reserves Influx?
There are signs of increasing liquidity stress in US Treasury markets again, but how is that possible during a regime of increasing bank reserves...
337 Views