AFS Morning Comments & Calendars

10 June 2021

AFS Morning Comment June 10 2021

Before writing this preview of today’s ECB meet, we re-read our April post-mortem (because we prefer to be consistent). Turns out we were half right. We had expected the ECB to step up bond purchase…

Read article

8 June 2021

AFS Morning Comment June 8 2021

Markets are frozen in time. Well, not literally. But’s a close call. In overnight market action US Treasury yields remain decidedly range-bound, with the 10y now a wee bit lower at 1.56. In US money…

Read article

7 June 2021

AFS Morning Comment June 7 2021

Markets are pretty slow this morning, with modest moves in Asian equities, US Treasuries. There isn’t much excitement in FX either and for the big moves one has to go the commodities market. The Bloomberg…

Read article

1 June 2021

AFS Morning Comment June 1 2021

Anyone seen the movie called The Graduate with Dustin Hofman and Anne Bancroft? It’s a classic and you should definitely see it. There’s also a very famous quote here that we will paraphrase. Because it…

Read article

31 May 2021

AFS Morning Comment May 31 2021

Meanwhile in markets, it’s a snooze fest as US and UK markets are both closed today for holidays. And without the US Treasury and rates markets shining a light in the darkness, there is much…

Read article

28 May 2021

AFS Morning Comment May 28 2021

and the ECB traded places on who will taper first. While that’s exaggerating things a bit, there really is a kernel of truth in it. We’ve had three ECB-speakers (Villeroy de Galhau, Panetta, Stournaras) talking…

Read article