Sweden: Reading The Markets
Danske Markets | Apr 05, 2013 07:46AM ET
- PMI data in Q1 line with our GDP forecast.
- Where's the trend in bond yields? We are desperately seeking a more stable trend in the bond/interest rate market. For the moment, we keep our flattening of the 2s10s bond curve.
- We recommend to start building a position in RIBADEC13. We recommend to pay (buy) RIBADEC13 close to current levels, i.e. in the low 90s. We continue today buying RIBADEC13 at 0.93%.
New, pay RIBADEC13 at 0.93%. Start building a position and add when close to 0.90%. Source: Danske Bank Markets 4 April 2013 Chief
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