0508 GMT - With the European Central Bank's September meeting fully pricing in an interest-rate hike and a further move expected in March, the market now looks hawkish enough on the ECB, Societe Generale rates strategists say in a note. Two-year ahead ECB expectations are back at highs of their recent range, the strategists say. "This implies value for mid-summer carry at the front end of eurozone government bond curves and a good entry level to reset euro steepeners," they say. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 17, 2026 01:08 ET (05:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments