Multi-Asset Strategy Daily

The daily report covers the G10 rates landscape, emphasizing the pressure on US Treasuries from hawkish sentiment and geopolitical risk, alongside supply-driven dynamics in European bond markets and potential policy pivots in Japan.

Key Takeaways

• 1.US Treasuries face pressure from a hawkish domestic backdrop and geopolitical uncertainty regarding the Iran/Israel conflict.
• 2.European bond markets are primarily driven by heavy supply calendars and ECB policy anticipation rather than safe-haven demand.
• 3.JGBs saw movement following reports the Bank of Japan may halt the reduction in bond buying.

Table of Contents

• USD
• EUR
• GBP
• JPY
• Important Information
• Disclaimer