Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

FX & Rates

In this note, we point out that even as EM rate curves have broadly steepened, Russia's curve has flattened on the back of more rate hikes getting priced in the short end and the long end losing some of the risk premia that was built in anticipation of US sanctions.Separately, the attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

In this note, we point out that even as EM rate curves have broadly steepened, Russia's curve has flattened on the back of more rate hikes getting priced in the short end and the long end losing some of the risk premia that was built in anticipation of US sanctions.Separately, the attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

Rates 10y Dashboard: Russia’s Rate Curve Flattens Even as EM Steepens

This is the third edition of our monthly trade ideas recap note in which we list our current trade recommendations and discuss whether any need to be closed. We have made a total of 12 trade recommendations so far, of which 8 are in the money.

This is the third edition of our monthly trade ideas recap note in which we list our current trade recommendations and discuss whether any need to be closed. We have made a total of 12 trade recommendations so far, of which 8 are in the money.

Alpha Bites: Monthly Trade Ideas Recap (May 2021)

In this note, we discuss the trigger behind the latest bout of steepening of Colombia's rate curve and argue that the steepening should continue in line with our trade recommendation.Separately, the attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

In this note, we discuss the trigger behind the latest bout of steepening of Colombia's rate curve and argue that the steepening should continue in line with our trade recommendation.Separately, the attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

Rates 10y Dashboard: Colombia’s Curve Steepens on Fiscal Concerns

In this note, we measure the dispersion within EM rates and show that it has risen recently, which is indicative of more trading opportunities.Separately, the attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

In this note, we measure the dispersion within EM rates and show that it has risen recently, which is indicative of more trading opportunities.Separately, the attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

Rates 10y Dashboard: Greater Dispersion Within EM Means More Trading Opportunities

We expect long-end rates in Mexico to perform well and show that the technical backdrop is supportive with the drop in foreign positions over the past year.The attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

We expect long-end rates in Mexico to perform well and show that the technical backdrop is supportive with the drop in foreign positions over the past year.The attached file is a snapshot of EM 10y rates market, which we produce daily, and where we seek to identify the leaders and laggards among countries by comparing the performance of each to its history as well as to other countries based on their respective betas to the broad market.

Rates 10y Dashboard: Positioning Supports Long End of Mexico

Colombia

A vanila interest rate swap us an agreement between two counterparties to exchange cashflows (fixed vs floating) in the same currency. This agreement is often used by counterparties to change their fixed cashflows to floating or vice versa. The payments are made during the life of the swap in the frequency that is pre-established by the counterparties.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Dividend (Yield)	0.00

COP 10Y (CLSWIB10 CURNCY)

Rates 10y Dashboard: Russia’s Rate Curve Flattens Even as EM Steepens

Even as EM curves have broadly steepened, Russia's curve has flattened as more rate hikes got priced in the short end and the long end rallied...

Gautam Jain, PhD, CFA

Alpha Bites: Monthly Trade Ideas Recap (May 2021)

In our monthly trade ideas recap note, we list our current recommendations and discuss whether any need to be closed. We have made a total of 12...

Gautam Jain, PhD, CFA

Rates 10y Dashboard: Colombia’s Curve Steepens on Fiscal Concerns

We discuss the trigger behind the latest bout of steepening of Colombia's rate curve and argue that the steepening should continue in line with our...

Gautam Jain, PhD, CFA

Rates 10y Dashboard: Greater Dispersion Within EM Means More Trading Opportunities

In this note, we measure the dispersion within EM rates and show that it has risen recently, which is indicative of more trading opportunities.

Gautam Jain, PhD, CFA

Rates 10y Dashboard: Positioning Supports Long End of Mexico

We expect long-end rates in Mexico to perform well and show that the technical backdrop is supportive with the drop in foreign positions over the...

Gautam Jain, PhD, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)