FW: [Maybank] Fear The Inflation

 

 

Fear The Inflation Global Markets Daily by Saktiandi Supaat FX Research UST 10yr yield made a return to the Mon-high of 2.8831% on Thu as bond investors remained jittery over inflation fears. While RBNZ downgraded its inflation forecasts, other central banks have upgraded either their inflation or rates forecast including BoE and BSP yesterday. BoE was surprisingly hawkish yesterday with Governor Carney stating that "interest rates may need to rise at a steeper pace than previously thought to prevent the Brexit-weakened economy from overheating"... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.