Fixed Income

Into late 2021, further FED backing, further rise in reflationary assets

Last week, the FED confirmed its commitment to its aggressive monetary stimulus policy. Quantitative tightening or rises in Fed Fund...

Equity markets and yields could find support in June, and move up into July

Late last month we argued that risk assets were ripe for a correction, that the breadth of the rally was fading, and that bellwether...

The Flight to US Treasuries Safety is accelerating – a telling graph

We note that currently one graph stands out as a very precise indicator of risk-on and risk-off dynamics. Indeed, after having been bid...

Flight to quality – Where’s the best place to hide?

One thing we can say about the early February financial assets sell-off is that it was difficult to find any place to hide. Equities...

Scénario de réflation prévu en 2017