Takafumi Yamawaki
Japan rates strategist covering JGB supply-demand, fiscal risks and election-related policy moves, providing insights into JPY swap spread and long-end dynamics.
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Mar 20, 2026 • 19min
Global Rates: Global DM Swap Spread Outlook
Ben Jarman, Australian rates strategist focused on AUD swap spreads. Takafumi Yamawaki, Japan rates strategist tracking JGB supply and fiscal risks. Francis Diamond, U.K. rates strategist on BOE policy and political premia. Ipek Ozil, U.S. rates strategist covering volatility, carry trades and geopolitical shocks. They discuss drivers of DM swap spreads, curve dynamics across markets, and key risks that could shift spreads.
