Macro Horizons
BMO Capital Markets
BMO strategists discuss the week ahead in U.S. rates and global trends in the FICC macroclimate. Ian Lyngen, Ben Jeffery, and Vail Hartman provide weekly updates on the Fixed Income, Currencies, and Commodities (“FICC”) markets, bringing you thoughtful and timely insights on the U.S. Rates market and respond to questions submitted by listeners and clients. Macro Horizons delivers relevant and insightful commentary to help investors navigate the ever-changing global market landscape. For legal disclosure, visit http://www.bmocm.com/macrohorizons/legal
Episodes
Mentioned books
Aug 21, 2020 • 26min
Jackson Hole-in-One - The Week Ahead
Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of August 24th, 2020, and respond to questions submitted by listeners and clients.
Aug 19, 2020 • 22min
Night of the Living Debt - High Quality Credit Spreads
Dan Krieter and Dan Belton discuss the likelihood of credit spreads widening modestly in the fall months, and why any widening should be viewed as a buying opportunity ahead of credit spreads potentially touching historical lows in the current cycle.
Aug 14, 2020 • 24min
Autumn Angst - The Week Ahead
Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of August 17th, 2020, and respond to questions submitted by listeners and clients.
Aug 12, 2020 • 25min
Cessation Plan - High Quality Credit Spreads
Dan Krieter and Dan Belton discuss some recent key developments in the Libor-SOFR transition, including: ISDA’s soon to be released protocol, Libor fallback values, and the potential for a pre-cessation trigger by the end of 2020. In addition, they cover key obstacles that remain including a term structure for SOFR and ultimately whether or not the end of 2021 remains a viable target for the end of Libor.
Aug 7, 2020 • 21min
Blindside is 2020 - The Week Ahead
Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of August 10th, 2020, and respond to questions submitted by listeners and clients.
Aug 4, 2020 • 30min
Big Dollar Big Troubles? - Monthly Roundtable
Margaret Kerins along with Ian Lyngen, Greg Anderson, Stephen Gallo, Dan Krieter, Ben Reitzes, Dan Belton, Jon Hill, and Ben Jeffery from our FICC Macro Strategy team bring you their outlook for the USD and its status as a reserve currency, if and when the increase in money supply will translate into inflation, and the impact of the extension in the period of uncertainty due to the pandemic’s resurgence in the backdrop of massive fiscal and monetary support.
Jul 31, 2020 • 23min
Cardboard Crowds - The Week Ahead
Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of August 3rd, 2020, and respond to questions submitted by listeners and clients.
Jul 29, 2020 • 21min
Reactions to the July FOMC Meeting - High Quality Credit Spreads
Dan Krieter and Dan Belton discuss their takeaways from the July FOMC meeting. In addition, they talk about the historical impact of fiscal and monetary stimulus on credit spreads, and what it might suggest for the path of credit spreads in the current environment.
Jul 24, 2020 • 22min
Summertime Drift - The Week Ahead
Ian Lyngen, Ben Jeffery, and Jon Hill bring you their thoughts on the U.S. Rates market for the upcoming week of July 27th, 2020, and respond to questions submitted by listeners and clients.
Jul 22, 2020 • 20min
Risk/Reward Review - High Quality Credit Spreads
In this episode, Dan Krieter and Dan Belton discuss the drivers of the recent leg narrower in credit spreads, what stories have the power to move the market, and why an unattractive risk/reward profile may suggest taking profits.
