Luis Oganes, head of Global Macro research at J.P. Morgan, discusses the outlook for government bond issuance in 2025 with strategists Jay Barry and Aditya Chordia. The team discusses how ongoing central bank QT amplifies issuance trends, and wide budget deficits suggest term premium should remain elevated in the US and UK, while these trends should be less impactful for Euro-area and Japanese yields.
Speakers:
Luis Oganes, Head of Global Macro Research
Jay Barry, Head of Global Rates Strategy
Aditya Chordia, European Rates Strategy
This podcast was recorded on 17 January 2025.
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