Aditya Chordia

Join Aditya Chordia and Khagendra Gupta, both Rates Strategists at J.P. Morgan, as they dissect the impact of the recent ECB meeting on European markets. They delve into the bullish outlook for long-duration positions and the implications of political shifts in France, including a new prime minister's budget challenges. Insights into upcoming BoE decisions and the role of Dutch pension funds in indexation strategies add depth to the conversation, making it a must-listen for anyone interested in global rates.

In a deep dive, Aditya Chordia, a European Rates Strategist at J.P. Morgan, shares insights on the latest German fiscal policies and the NATO meetings' influence on European rates. He discusses the projected government deficits and the anticipated surge in bond issuance. The conversation also touches on de-dollarization trends affecting currency demand, alongside cautious investor strategies in Italy's rates market. Finally, he explores shifts toward European bonds, revealing implications for the UK yield curve in a transforming global economic landscape.

Raphael Brun-Aguerre from JPMorgan's European economics team and Aditya Chordia, a European rate strategist, dive into the intricate ties between French political dynamics and macroeconomic outlooks. They discuss President Macron's strategies for navigating political instability and the implications for investment behaviors. The conversation pivots to the impact of political announcements on bond markets and the widening spreads between French and German bonds. They also explore trends in the Eurodollar landscape amid fiscal uncertainties, offering a cautiously optimistic outlook.