The rates space is set up at a higher base rate anchor, and more essure on long rates ahead. The war "over there" has hit home dramatically in the rates space, primarily through h ...
This was the week when central banks gave an inch on rate hikes, and investors took a mile. As far as markets are concerned, Pandora's box is open; the path to higher interest rates is set.
We still think, despite everything, that the euro can rise to 1.20 against the dollar this year. Our FX Strategist, Francesco Pesole, says our team believes the Fed will look through this inflationary ...
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