Macro Horizons
BMO Capital Markets
BMO strategists discuss the week ahead in U.S. rates and global trends in the FICC macroclimate. Ian Lyngen, Ben Jeffery, and Vail Hartman provide weekly updates on the Fixed Income, Currencies, and Commodities (“FICC”) markets, bringing you thoughtful and timely insights on the U.S. Rates market and respond to questions submitted by listeners and clients. Macro Horizons delivers relevant and insightful commentary to help investors navigate the ever-changing global market landscape. For legal disclosure, visit http://www.bmocm.com/macrohorizons/legal
Episodes
Mentioned books
Apr 2, 2021 • 22min
Green Shoots and April Showers - The Week Ahead
Ian Lyngen and Ben Jeffery bring you their thoughts on the U.S. Rates market for the upcoming week of April 5th, 2021, and respond to questions submitted by listeners and clients.
Mar 31, 2021 • 28min
Making the Case: Q2 21 - High Quality Credit Spreads
Dan Krieter and Dan Belton debate whether spreads are more likely to widen or narrow in Q2 from current ranges based on the fundamental and technical outlooks for credit. Then they discuss recent developments in the front-end and swap spreads in light of enhanced downward pressure on money market rates.
Mar 26, 2021 • 23min
#ShipStillStuck - The Week Ahead
Ian Lyngen and Ben Jeffery bring you their thoughts on the U.S. Rates market for the upcoming week of March 29th, 2021, and respond to questions submitted by listeners and clients.
Mar 24, 2021 • 26min
SOFR: What’s Next? - High Quality Credit Spreads
Dan Krieter and Dan Belton discuss their two preferred trade ideas in the current range-bound environment for credit spreads before turning to recent developments in the transition from LIBOR to SOFR. Topics include the recent announcement that the ARRC will not be recommending a term rate for SOFR, a possible credit-sensitive benchmark, and SOFR FRN issuance.
Mar 19, 2021 • 22min
The Other Side of 1.75% - The Week Ahead
Ian Lyngen and Ben Jeffery bring you their thoughts on the U.S. Rates market for the upcoming week of March 22nd, 2021, and respond to questions submitted by listeners and clients.
Mar 17, 2021 • 28min
Reactions to the March FOMC - High Quality Credit Spreads
Dan Krieter and Dan Belton discuss their takeaways from the Fed meeting, and what it might means for the path of credit and swap spreads.
Mar 12, 2021 • 23min
A Quarter to Remember - The Week Ahead
Ian Lyngen and Ben Jeffery bring you their thoughts on the U.S. Rates market for the upcoming week of March 15th, 2021, and respond to questions submitted by listeners and clients.
Mar 10, 2021 • 26min
Pain and SLR-ow - High Quality Credit Spreads
Dan Krieter and Dan Belton discuss the recent widening in credit spreads and a change in their view on the near term path for spreads. Finally, they discuss the pending expirations of exemptions for reserves/Treasury holdings in bank SLR calculations, and what the expiration might mean for credit and swap spreads.
Mar 5, 2021 • 20min
Same As it Never Was - The Week Ahead
Ian Lyngen and Ben Jeffery bring you their thoughts on the U.S. Rates market for the upcoming week of March 8th, 2021, and respond to questions submitted by listeners and clients.
Mar 2, 2021 • 32min
Wake Me Up When September Comes - Monthly Roundtable
Margaret Kerins along with Ian Lyngen, Greg Anderson, Stephen Gallo, Dan Krieter, Ben Reitzes, and Dan Belton from BMO’s FICC Macro Strategy team debate the base case for the US economic recovery and the implications for US and Canadian rates, high quality spreads and foreign exchange.
