The US payroll report sent shock waves through the fixed income market. Market pricing shifted aggressively - terminal pricing is now the highest in the cycle and finally consistent with the FOMC dots. Contagion has also spread to other markets. What now? Can the Fed keep hiking, can the BoC stay on hold, how much further will the BoE, ECB, or RBA go? And what are the implications for equities and FX? This episode delves into these topics.
Participants:
- Jason Daw (Desk Strategy), Head of North America Rates Strategy
- Blake Gwinn (Desk Strategy), Head of US Rates Strategist
- Peter Schaffrik (Desk Strategy), Head of UK/European Rates & Economics
- Elsa Lignos (Desk Strategy), Head of FX Strategy
- Lori Calvasina (Research), Head of U.S. Equity Strategy
- Su-Lin Ong (Research), Chief Australia Economist
* Research Analyst opinions are their published views, independent of those expressed by Desk Analysts