Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

FX & Rates

In this note, we discuss the adjustment higher in Poland's curve on the back of higher inflation readings and expectations of inflation rising further. These adjustments are supporting two trade recommendations that we currently have outstanding. 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 adjustment higher in Poland's curve on the back of higher inflation readings and expectations of inflation rising further. These adjustments are supporting two trade recommendations that we currently have outstanding. 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: Poland’s Curve Starts Pricing in Rate Hikes

In this note, we discuss the drivers behind the curve steepening in Chile, which has defied the curve flattening in the US. 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 drivers behind the curve steepening in Chile, which has defied the curve flattening in the US. 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: Chile’s Curve Steepens Even as US Curve Flattens

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

In this note, we address the reasons behind the underperformance of South Korean bonds relative to interest-rate swaps and argue that further widening of the asset swap spread may present an opportunity.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 address the reasons behind the underperformance of South Korean bonds relative to interest-rate swaps and argue that further widening of the asset swap spread may present an opportunity.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: Korean Asset Swap Spreads Have Widened

We go over the correlation of 10y rates in EM countries with the US 10y to identify those that are the best if the sell-off in US rates resume and those that stand to benefit from a lull.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 go over the correlation of 10y rates in EM countries with the US 10y to identify those that are the best if the sell-off in US rates resume and those that stand to benefit from a lull.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: Which Countries Are Most and Least Correlated with the US?

Poland

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
P/E	0.00
Dividend (Yield)	0.00

PLN 10Y (PZSW10 CURNCY)

Rates 10y Dashboard: Poland’s Curve Starts Pricing in Rate Hikes

We discuss the adjustment higher in Poland's curve on the back of higher inflation readings and expectations, which are supporting two trade...

Gautam Jain, PhD, CFA

Rates 10y Dashboard: Chile’s Curve Steepens Even as US Curve Flattens

In this note, we discuss the drivers behind the curve steepening in Chile, which has defied the curve flattening in the US.

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: Korean Asset Swap Spreads Have Widened

We address the reasons behind the underperformance of South Korean bonds relative to interest-rate swaps and argue that further widening of the...

Gautam Jain, PhD, CFA

Rates 10y Dashboard: Which Countries Are Most and Least Correlated with the US?

We go over the correlation of 10y rates in EM countries with the US 10y to identify those that are the best if the sell-off in US rates resume and...

Gautam Jain, PhD, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)