FW: [Maybank] Inflation Could Break Hearts

 

 

Inflation Could Break Hearts Global Markets Daily by Saktiandi Supaat FX Research Focus today on US CPI (930pm SG/KL time). Sequential pick-up in inflation will add to worries of faster than expected pace of inflation increases (recall US wages last rose more than expected in the last payrolls report) and reinforce the bond sell-off. We remain cautious of UST net bill supply in coming months. It was reported that US Treasury department could issue as much as US$300bn in short-term debt over the next 4 weeks. And we think the supply could potentially increase further amid ... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Christopher Wong     (65) 6320 1347     wongkl@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.