Reading The Swedish Markets: Oct. 17, 2014

 | Oct 17, 2014 08:10AM ET

Is inflation dead? And monetary policy too?

Portfolio allocation: long duration has not been enough over the past month.

Amid an underweight of mortgage bonds, we keep our long duration versus Index.

We still believe in 5-Year/10-Year flattening. One could consider selling a 5Y covered bond in the 5Y leg.