Dimon Warns of 5% 10 Year

August 6, 2018  /  In Rates

Jamie Dimon:  "You better be prepared to deal with rates 5% or higher - it's a higher probability than most people think"
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Beyond Two Standard Deviations

November 12, 2015  /  In Rates

The convergence of Central Bank action (US Fed rate shift, Swiss currency re-valuation, China, ECB QA etc.), regulatory changes to bank capital requirements and declining bond market liquidity will bring high levels of volatility to the markets.  The attached report from Bloomberg hightlights 5 structural shifts that have already impacted the Rates market and which point to heightened volatility in the next 12 months.  ...
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1) Global Volatility; 2) Strong Dollar impact on exports; 3) no hike priced in swap curve; 4) Lockhart, Dudley & Williams wavering; 5) there's still October and December; 6) Fed can still get its way before year end; 7) inflation remains dormant. 7 compelling reasons for a Fed no show in September.
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