Category: Samples

AQA Morning Update – December 22nd

Sovereigns weakening (US 10y 2.56, +2.2 bps) while equities mixed across the globe. Markets brace for key data on growth (Q3 GDP) and inflation (PCE). Available as pdf: Arbor_Morning_Update-12-22-16.pdf USTs – 20-Day Outlook Bearish Given Economic Surprises USTs were modestly...

AQA Weekly Highlights for December 19, 2016

USTs – Risk-off Outlook Inflation Steering the Ship, Potentially Becoming a Hindrance to Risk Assets? Rising Term Premium Due to Inflation and Uncertainty? TICS Flows – Selling Continues! Economic, Market, and FOMC Expectations Beginning to Converge TIPS Breakevens Cheap...

Feature Post: No Relief for Long Treasuries

The post-election shifts toward higher UST yields and a stronger US Dollar are reasserting themselves. USTs have cast aside oversold conditions, weakening further on today’s comments from potential Treasury Secretary Steven Mnuchin. Many have been expecting an oversold bounce for...

AQA Weekly Highlights for November 28, 2016`

USTs – 5y30y Expected to Steepen Asset Allocation Still Proving Very Difficult Munis Becoming Attractive TIPS Breakevens – Seasonal Tailwinds Coming Canadian Sovereigns – Long End US Credit Update – US Dollar Still in Focus AQA_Weekly_Highlights_11-28-2016.pdf