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Macro Horizons

Latest episodes

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Nov 1, 2019 • 29min

Reassession Risk - The Week Ahead

Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of November 4th, 2019, and respond to questions submitted by listeners and clients.
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Oct 31, 2019 • 31min

Echoes of 2001 - Monthly High Quality Spreads Roundtable

Dan Krieter and Dan Belton share their thoughts on credit spreads for the month of November. Topics include the impact of the ongoing yield grab environment, light issuance, and narrowing swap spreads on credit spreads thus far in 2019 and why the outlook of each of these factors could bring wider spreads into year-end and early 2020.
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Oct 25, 2019 • 25min

Fed Up - The Week Ahead

Ian Lyngen and Ben Jeffery bring you their thoughts on the U.S. Rates market for the upcoming week of October 28th, 2019, and respond to questions submitted by listeners and clients.
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Oct 23, 2019 • 31min

SOFR at the Halfway Point - Monthly Roundtable

Dan Krieter and Dan Belton provide an update on the SOFR/LIBOR transition at the halfway point between July 2017, when Andrew Bailey’s comments kickstarted the process, and December 2021, the current proposed deadline for the cessation of LIBOR. Topics include: the proliferation of the SOFR-linked FRN market, the construction of a term structure for SOFR, progress on ISDA’s credit spread adjustment equating SOFR to LIBOR in the future, the impact of recent repo market volatility on the transition, and finally, whether or not LIBOR will exist beyond 2021.
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Oct 18, 2019 • 26min

London Calling - The Week Ahead

Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of October 21st, 2019, and respond to questions submitted by listeners and clients.
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Oct 11, 2019 • 28min

Midcast Crisis - The Week Ahead

Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of October 15th, 2019, and respond to questions submitted by listeners and clients.
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Oct 4, 2019 • 28min

Manufacturing Matters - The Week Ahead

Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of October 7th, 2019, and respond to questions submitted by listeners and clients.
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Sep 27, 2019 • 26min

Trumperendum - The Week Ahead

Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of September 30th, 2019, and respond to questions submitted by listeners and clients.
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Sep 25, 2019 • 26min

Better Late Than Never - Monthly High Quality Spreads Roundtable

Dan Krieter and Dan Belton discuss the recent repo market volatility including its causes and the Fed’s response. What do the Fed’s repo operations imply for the repo market going forward and how do they compare to a standing repo facility? While spreads are likely to trade range-bound in the next few weeks, they discuss their expectations for wider credit and swap spreads in Q4.
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Sep 20, 2019 • 25min

Falling into Uncertainties - The Week Ahead

Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of September 23rd, 2019, and respond to questions submitted by listeners and clients.

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