Multi-Asset Strategy Daily

The report focuses on today's NFP data impact on US rates, supply-led pressures in European bond markets, and fiscal uncertainty weighing on UK Gilts.

Key Takeaways

• 1.The US Non-Farm Payrolls (NFP) report is the primary focus for global rates, with market sensitivity to potential Fed hiking implications.
• 2.Supply concerns dominate European markets, specifically significant issuance from France and Spain.
• 3.UK Gilt markets remain sensitive to domestic fiscal uncertainty and supply concerns, with the long end underperforming.

Table of Contents

• USD
• EUR
• GBP
• JPY

Document Preview

Page 1 of 3

Subscribe for full accessStart Free Trial