Overbond launches buy-side model for spotting mispriced bonds

Source: The Desk Overbond has added a ‘rich-cheap’ model to its suite of AI fixed income analytics, designed to help buy-side desks generate systematic returns. Combining both static and dynamic analysis of multiple factors with AI,the firm says its ‘rich-cheap’ model provides a quantitative method for screening for misprized fixed income securities. It is a…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

Global bond yields are on the move higher, driven by fears of US Fed rate hikes since last week’s FOMC. Those concerns were further stoked by hawkish, less sanguine on inflation comments by Fed Chairperson Powell in front of his semi-annual Congressional testimony this week. The UK’s BOE has sounded similarly more aggressive in tone…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

For financial markets, the week started with a blaze, as global stocks tumbled on Chinese real estate, Fed tapering, US budgetary & debt ceiling, and Covid variant jitters. The week ahead features Central Bank policy meetings out of the US, UK, Norway, Sweden, and Japan. The 2-day FOMC meeting ending with Powell’s press conference on…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

German benchmark government yields were seen little changed on a week-over-week basis, as the ECB delivered enough of a dovish message to calm investor pending policy shift concerns. 10-year Bund yields rose only fractionally to -.31%, with a -8 basis point decline in real yields slightly more than offset by a +9 basis point increase…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

We live in a strange time where much weaker-than-expected US nonfarm payrolls data on Friday sends stocks higher merely on the expectations for delayed tapering and lower rates for longer. As such, bad is somehow good, at least in the eyes of the US equity investor. 10-year government bond yields themselves moved higher in both…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

German government bond yields were seen higher on the week, with a noticeable curve-steepening bias, driven by higher-than-expected EZ inflation data. 10-year yields themselves increased a full +8 bps to -.40%, led by rising inflation expectations, as evidenced by inflation-linker market pricing. Upside technical support is now being tested, with follow-up support seen near -.30%,…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

German government bond yields were seen higher on the week, with a noticeable curve-steepening bias, driven by higher-than-expected EZ inflation data. 10-year yields themselves increased a full +8 bps to -.40%, led by rising inflation expectations, as evidenced by inflation-linker market pricing. Upside technical support is now being tested, with follow-up support seen near -.30%,…

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