Where now for the US 10yr rate?
We think the US 10yr is now overshooting to the downside, which ultimately implies a reversal ahead; likely to be played out over the coming few months
The SOFR puzzle and how to solve it
Most new US dollar loans are being referenced to SOFR, but with more 'term-SOFR' take-up than expected. Yet, vanilla and cross-currency swaps are…
