Srini Ramaswamy

Jay Barry is the Head of Global Rates Strategy at J.P. Morgan, while Srini Ramaswamy leads their Global Interest Rate Derivatives Strategy. They delve into the recent historic volatility in US rates markets, spurred by tariff impacts and liquidity concerns. The duo discusses the surprising stability in cash/futures basis despite declining overall market liquidity. They unravel complexities in swap spreads and analyze the unexpected drop in core CPI, exploring how these trends could influence future economic risks and Federal Reserve actions.