RESEARCH ROUNDUP: UST Yields, Positioning Views
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283
(Bloomberg) -- Strategist views on UST yields and curve spreads from published research:
Alert: HALISTER1- Barclays
- Market-implied probability of March rate hike at 10%-15% “is too low”; story link
- BofAML
- Steep yield curve could still “be priced for a recession”; story link
- BNP
- “Painful liquidating selloff” possible in USTs; story link
- Citi
- USD weakness cuts both ways for rates, stay long 5Y on curve; story link
- Deutsche Bank
- Lower yields are likely until Fed signals an extended pause in normalization; story link
- Goldman Sachs
- End-2016 10Y yield forecast lowered 25bps to 2.75%; story link
- Morgan Stanley
- Stay long 5Y-10Y in USTs, Germany, U.K. ahead of Yellen testimony; story link
- Nomura
- Outright yields “should stabilize now” absent a “total meltdown”; story link
- Societe Generale
- Foreign demand for USTs likely to increase, 10Y to trade around 1.95% near-term; story link
- Stone & McCarthy
- 10Y yield has scope to 1.6%-1.4%; story link
- TD
- UST curve may be flattened by “global curve steamroller”; story link
- Short 2Y UST position hit stop at 68bp; story link
- Wells Fargo
- Cuts to 30Y auction supply means the UST curve “may feel added pressure to flatten”; story link
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283