SEB Sees Tighter Swedish Long-End Spread Vs Germany in Spring
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Jussi Hiljanen (Skandinaviska Enskilda Banken AB)
Lina Fransson (Skandinaviska Enskilda Banken AB)
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UUID: 7947283
(Bloomberg) -- SEB sees further tightening potential of Swedish long-end bond spreads over Germany in the short term, supported by low government bond supply and Riksbank purchases, strategists Lina Fransson and Jussi Hiljanen write in note.
- However, underlying picture of improving Swedish and international growth outlook that together with somewhat higher inflation should motivate continued rise in risk premiums, lifting long yields during the year
- Swedish short yields seen moving sideways in coming months owing to dovish signals from Riksbank
- Still, expect Riksbank to raise rates in December; markets will eventually price a turn of the monetary policy cycle
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Jussi Hiljanen (Skandinaviska Enskilda Banken AB)
Lina Fransson (Skandinaviska Enskilda Banken AB)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283