Automation in the life-cycle of a Trade

Source: MTS The role of the fixed income trader is radically and rapidly transforming. As more workflow shifts onto electronic platforms, computers and algorithms play an increasingly crucial role in supporting traders by automating a vast range of processes. Automation creates opportunities to improve productivity by reducing inefficiencies and boosting performance throughout the whole lifecycle…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

The highlight in Europe this week is Thursday’s ECB policy meeting, with nobody expecting policymakers in the EA and elsewhere to cling so dogmatically to the previous narrative of inflation as only a transitory phenomenon. The focus now is on what blueprint the ECB may have as an exit strategy on existing pandemic-based policies of…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

Inflation remains front and center in the minds of global investors, so much so that many observers think the Bank of England may be poised to raise rates as early as the next MPC policy meeting on November 4, as the first major Central Bank to do so. That view was reinforced by the BOE’s…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

The surge in energy prices, crude oil and natural gas in particular, remains a dominant driver of global markets at the moment. Government yield curves in both the US and Germany continue to steepen on rising energy cost and inflation fears, even as short yields, particularly in Treasuries, begin to pull up anchor with the…

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WEEKLY EUR AND US FIXED INCOME MARKET UPDATE

The biggest drivers in global markets right now are US politics and the surge in global energy prices. Against this backdrop, both bond yields and stock prices have come under pressure, and may very well continue to do so in the months ahead. US Congress is now working with timetables of October 18, the date…

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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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