30 MAY 2022

Transitory vs. Permanent camp 2.0

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Weekly Comment | Fixed Income

The Fed is advocating aggressive rate hikes to gain flexibility towards the end of the year. This has caused rates vol to come down and revived the "transitory camp".

The lower credit- and rates volatility has opened the window for new issues. Crisis vintages have the reputation to be good bonds – watch primary market activity.

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