Report
Bruno Cavalier

US: boiling prices, moderate long term rates

The US bond market seems to have lost its bearings with regard to its future direction. In two months, there has been a sharp rise in long rates, followed by an almost equally sharp fall. The rise can be explained by economic and monetary policy factors. The fall is more mysterious because the inflationary cauldron is bubbling and the Fed has launched tapering. Just a short while ago, the FOMC was hesitating between 2022 and 2023 for the end of its ZIRP. 2022 now looks almost cer...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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