Fixed Income and Currency Strategist

Gautam Jain, PhD, CFA

Gautam Jain has over 25 years of experience covering global emerging fixed income and currency markets, both as a strategist and a portfolio manager. He has worked in buy-side and sell-side firms, including The Rohatyn Group (TRG Management), Barclays Capital, and Millennium Partners. He has helped manage emerging markets local-currency and hard-currency debt funds. The assets that he covers include currencies, interest rates, sovereign credits, and related derivatives. He specializes in portfolio construction, smart-beta index creation, and asset allocation. Mr. Jain holds a Ph.D. in Operations Research from Columbia University and is a CFA charter holder.

Rates 10y Dashboard: Are EM Rates High Enough for the Risk?

FX Dashboard: Is Carry Compensating for Volatility?

Rates 10y Dashboard: Rates Volatility Going into FOMC Meeting

Rates 10y Dashboard: Higher Inflation Means Another Rate Hike in Turkey

FX & Rates

<p>In this note, we assess in which countries in EM is the carry in 10y rates high enough for the current volatility and in which countries it is not.</p><p>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.</p>

In this note, we assess in which countries in EM is the carry in 10y rates high enough for the current volatility and in which countries it is not.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: In Which Countries Is the Rates Carry Sufficient for the Volatility?

US Treasury (10 Yr Generic)

Rates 10y Dashboard: In Which Countries Is the Rates Carry Sufficient for the Volatility?