Sovereign debt – supply or demand?Report Date: 30th January, 2023
Sovereign bond issuance this year will not be a factor in determining bond prices. It’s the demand side that will be decisive. That will depend on how quickly inflation rates fall and the size and duration of central bank monetary tightening (QT). We are long US treasuries and German bunds, but short JGBs.
To read the full report - Login or SubscribeSUBSCRIBE