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Khagendra Gupta
Head of European Interest Rate Derivatives Strategy at J.P. Morgan, focusing on Nordic central banks, German swap spreads, and derivative-related technical flows in Europe.
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Nov 26, 2025
• 37min
Global Rates 2026 Outlook
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In this insightful discussion, Phoebe White shares her expertise on U.S. inflation and forecasts a path for Treasury yields, while Ipek Ozil delves into U.S. swap spreads and introduces compelling option strategies for the coming year. Khagendra Gupta presents his take on the volatility of German swap spreads, and Aditya Chordia analyzes the outlook for German yields and intra-EMU spreads against a backdrop of evolving political risks. Together, they provide a comprehensive view of global rates as we head towards 2026.
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