Prop. Trader - Global Macro, Fixed Income (G10 govies and credit) - CFA Charterholder https://nitter.cf/t.co/ud0FsanIo6
Joined July 2015
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My new piece dedidated to fixed income is out.
There is a first part dedicated to bond returning a safe haven, with bond/equity correlation returning negative, and a comment about FED/ECB and BOJ central bank week
About 40% of pending data center capacity in the US is planned to be built in states where newly elected governors have promised to stop or pause such construction, according to data from Cleanview, a market intelligence company.
Bbg
Rotation out of tech after mid term, but also a new @citrini piece out
BOE increased rate to 4% as expected with a 8-1 split (the 1 was for a 50bp hike).
Governor Andrew Bailey saying he can see the argument for a further increase in rates.
hawkish at the margin
Some considerations on rates positionings, a driver often underestimated
With the recent rally, short positions have largely been closed out (and the landscape is now "cleaner"), meaning they will provide less support going forward.
After the morning fall (-1.8%) happening with the mid term results (where we saw a blue wave, winning both House and Senate), market recovered, with ES! now up 1.6% from yesterday close.
Mkt was almost prepared for this, pricing a 75% probability for that event.
Probably out of the radar recently, but #Brazil failed the post election rebound that started after the initial fall
Trading mid term
Two groups, incumbent loose and incumbent mantained
Pre-election drift: weakness in the 30 days leading into election day
Post-election rally: Both groups rallied sharply in the first ~10 trading days after the election
EU and Belgium bond curves are too steep on the 10s30s segment.
At the same time French curve is too flat.
"During the weekend, the PM and his coalition partners did not reach a compromise on a 10bn austerity plan with new taxes and spending cuts."
As a deficit Belgium is the second worst
