Latest news with #IraJersey
Bloomberg
4 days ago
- Business
- Bloomberg
Macro Matters: Inflation Pricing With JP Morgan's Phoebe White
A September interest rate cut by the Federal Reserve risks inflation expectations increasing, says JP Morgan's head of inflation strategy Pheobe White on this Macro Matters edition of the FICC Focus Podcast series. Chief US Interest Rate Strategist Ira Jersey asks White to explain how Treasury Inflation Protected Securities (TIPS) and inflation derivatives work, the means of hedging inflation using these instruments, and the JP Morgan outlook for TIPS inflation breakevens and real yields. The BI US Interest Rate Strategy team recently published several pieces on TIPS, including a market outlook and a look at market structure. TIPS Market outlook: TIPS Market Sturcture:
Bloomberg
24-07-2025
- Business
- Bloomberg
Mortgage Market Update with BI's Adelberg: Macro Matters
Mortgage market investors will need to pay attention to policy shifts and actions, says Erica Adelberg, Chief Mortgage Strategist for Bloomberg Intelligence. On this Macro Matter's episode of the FICC Focus podcast series, Adelberg is joined by host Ira Jersey, BI's head of US Interest Rate Strategy to discuss the mortgage backed securites market. Adelberg discusses the mortgage basis, issuance, CMOs, changes in VA loans, and demand shifts for various mortgage securities products. For recent research discussed on this podcast see: NSN SZWGOAGQ1YSO NSN SZSRCJGPWCGB NSN SZJJ4CGPWCIR
Bloomberg
17-07-2025
- Business
- Bloomberg
Stablecoin Policy Update with Nathan Dean: Macro Matters
The GENIUS Act is just the beginning of the regulatory process for stablecoins, notes Nathan Dean, senior policy analyst for Bloomberg Intelligence on this Macro Matter's episode of the FICC Focus podcast series. Dean joins hosts Ira Jersey and Will Hoffman of the BI Interest Rate Strategy team to discuss why the act was created, how demand for Treasury Bills and repurchase agreements may shift over time, and they briefly touch on the proposed change to the bank supplementary leverage ratio. For more of these teams recent research on stablecoins see Stablecoins Risk Money-Supply Increase {NSN SZHOL9GPWCK4 } and How's Crypto Regulated in the US? Curvy Path Reigns for Firms {NSN SZHOQAGPFHPV }
Bloomberg
10-07-2025
- Business
- Bloomberg
BI's Worthington and Jersey On G3+ Rates: Macro Matters
US Treasury yields are the lowest among the G3+ once hedged back to US dollars, which is a topic discussed on this Macro Matter's edition of the FICC Focus podcast. Bloomberg US Interest Rate Strategist Ira Jersey is joined by his European Interest Rate Strategy counterpart Huw Worthington to discuss their thoughts on central bank policy action and the government bond markets in general. The two discuss why long end yields have been more sensitive to fears of deficit increases than shorter maturity bonds. Terminal users can see their note on how Treasuries are the lowest yielding sovereign bond market after currency hedged -
Bloomberg
02-07-2025
- Business
- Bloomberg
Odd Lots: The Greatest Ever Panel on the World's Most Important Market
Okay, that's quite a title but we think it's justified! In this special episode — recorded live onstage at our June 26 event in New York City — we bring together some of the best thinkers we know when it comes to the US Treasury market. US government bonds form the backbone of global financial markets, and are the "risk-free" rate to which all other rates are benchmarked. But recently, there's been concern about who will buy all those bonds as the US deficit explodes higher. Meanwhile, there have been long-running concerns about volatility and liquidity in the market. We speak with Nellie Liang, senior fellow of economic studies at the Brookings Institution and former undersecretary of the Treasury for domestic finance, Ira Jersey, chief US interest rate strategist at Bloomberg Intelligence, and Josh Younger, a lecturer at Columbia University and repeated Odd Lots guest.
