In this regular podcast series, MUFG subject matter experts within our business discuss the forces, indications, and policies that impact the U.S. economy and financial markets, and provide updates to their economic outlooks and forecasts for the weeks, months, and years ahead.
Prepayment outlook for a cooling housing market
In this episode, Glenn Schultz, MUFG Head of Agency Mortgage Prepayment Modeling and Strategy, discusses pending and existing home sales and how this gives us a glimpse into prepayment speeds. He also goes over what is driving the turnover rate higher than model assumptions.
Move over transitory, episodic inflation driving rates up…
In today’s episode, MUFG Head of U.S. Macro Strategy George Goncalves gives us a brief update on the various factors that have been driving up rates over the last 2 weeks and how the narrative on inflation, episodic or not, is now also leading to some twisting of the yield curves, too.
The wind of change blows through Japanese politics. What about markets?
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses the LDP leadership election, fiscal and monetary policy triggers, the September Tankan survey, and cross-border flows. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.
The Transition to Mid-Cycle
In today’s episode, Tom Joyce, MUFG Head of Capital Markets Strategy, discusses his latest views on the economic / markets / and policy outlook and expectations into year-end 2021 and beyond.
U.S. Debt Ceiling Thoughts
Although the situation remains very fluid, it looks like the markets are starting to get concerned over the U.S. Debt Ceiling again. In today’s episode, MUFG Head of U.S. Macro Strategy George Goncalves is joined by Anthony Tarabocchia, Head of the Repo Desk for MUFG to discuss market implications of a drawn out debt ceiling extension and potential scenarios.
The September BoJ meeting and what you need to know to trade Japanese markets in October
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.
September FOMC Preview Thoughts And More…
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.
A review of recent cross-border investment flows in and out of Japan
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.
The Liberal Democratic Party leadership race heats up
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.
A Special Cross-Border Discussion: U.S. and Japan at a critical juncture in September?
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.
For more information,
Head of Rates Sales, Americas
New York, NY
Head of U.S. Macro Strategy
New York, NY
Chief Japan Strategist
Head of Agency Mortgage Prepayment Modeling and Strategy
The podcast content above is being provided for educational and informational purposes only. The information and comments are not the views or opinions of MUFG Union Bank, its subsidiaries or affiliates. Please consult your attorney, accountant or tax or financial advisor with regard to your particular situation.