Bond strategists at Morgan Stanley exited a long German bobl trade with a 29-basis point profit. They ECB easing is priced in.
If it’s priced into bonds does that mean it’s priced into FX?
Bonds are usually a touch ahead of FX but not much.
Bond strategists at Morgan Stanley exited a long German bobl trade with a 29-basis point profit. They ECB easing is priced in.
If it’s priced into bonds does that mean it’s priced into FX?
Bonds are usually a touch ahead of FX but not much.