I would have suggested 10 yr Swedish govvies, as the currency appreciation will be supportive of inflation which is already very low, but I think the biggest driver will be short-covering and there are just too many who are bearish on treasuries.I would have voted for the curve to be even flatter at the end of the year that the 200-260 range.
I would have suggested 10 yr Swedish govvies, as the currency appreciation will be supportive of inflation which is already very low, but I think the biggest driver will be short-covering and there are just too many who are bearish on treasuries.I would have voted for the curve to be even flatter at the end of the year that the 200-260 range.