海外研报

Weekend Cross-asset Dislocations (28-Jul-2024)

The July short squeeze has been painful, but the short-squeeze should be short-lived

BANK OF JAPAN (FINALLY) GETS BOLDER

Today, the Bank decided (by a 7-2 majority vote) to raise the overnight call rate by 15bps to 0.25% and(unanimously) to roughly halve its monthly JGB purchases to around 3 trillion yen by 2026 Q1 via cuts of “about

Overview – Retail Trading

For the latest data, including intraday updates, visit Investable AI/Data Analytics. • Since our Monday update, retail traders have reverted back to net buying

Interest Rates Trade Idea-Close: long TIPS 5Y breakevens

On 20 June, we recommended being long TIPS 5Y breakevens (BEs), as theylooked cheap to oil prices and nominal Treasury yield. At around 2.21% on

US Treasury futures: calendar rolls outlook, September-December 2024

RecommendationsTU – Mildly bearish. Positioning is bearish due to record-high asset manager net positioning in the sector. TU roll will likely be sensitive to risk events and front-end moves, including a