Global Markets Podcasts

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses the BoJ’s September monetary policy meeting, including the BoJ’s view of risks to supply chain restrictions and China, as well as potential near term market triggers. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

The bond markets have been in one of the tightest ranges in recent history, meanwhile volatility is starting to pick up as markets respond to global events and policy challenges in the U.S. In today’s episode, MUFG Head of U.S. Macro Strategy George Goncalves shares his views on how all this might impact the U.S. bond markets and what to expect at the upcoming FOMC meeting.

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido examines cross-border investment activity in July and discusses the BoJ’s financial stability report. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido examines implications for monetary and fiscal policy as they pertain to JGB and JPY basis. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido and Head of U.S. Macro Strategy George Goncalves share their views on the U.S. and JPY bond markets, the Fed’s policy stance, and Japanese political and fiscal risks (as well as the U.S. debt ceiling) from a cross-border New York and Tokyo markets perspective.

In this episode, Glenn Schultz, MUFG Head of Agency Mortgage Prepayment Modeling and Strategy, discusses home price appreciation and whether we are in a housing bubble. He also explains the framework for his analysis as well as the anatomy of a bubble.

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido examines recent changes to BoJ and NY Fed monetary operations as well as discusses insights into Japanese investor activity in foreign markets from Japanese Ministry of Finance Balance of Payment data and the U.S. Treasury TIC data releases. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

George Goncalves, MUFG Head of U.S. Macro Strategy, discusses the false breakout in yields into the Treasury auctions last week, characterizing them as just another supply concession setup. Given that the rates market failed to continue its rise up in rates, George remains neutral until we hear from the Fed.

In this episode, Glenn Schultz, MUFG Head of Agency Prepayment Modeling and Strategy, discusses the burnout manifesting in prepayment rates across the coupon stack. He also discusses high SATO borrowers, and what prepayment surprise we may see from this borrower base.

George Goncalves, MUFG Head of U.S. Macro Strategy, walks us through what looks like a potential double-bottom in long-term rates and a turn higher from here, where markets will then focus on how the Fed delivers its taper plans.