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.
Will agency loan limit increase lead to further stratification?
In today’s episode, Glenn Schultz, MUFG Head of Agency Mortgage Prepayment Modeling and Strategy, discusses the upcoming baseline loan limit increase and its potential impacts on the market. He also reviews in detail the expanded-data home price index and the standard home price index and how they behave versus each other.
What’s driving all that volatility in cross-currency basis markets?
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido summarizes TDB and JGB issuance prospects for November, JPY basis moves, and Japanese pensions investment results. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.
November FOMC Preview: It's Taper Time!
In today’s episode, MUFG Head of U.S. Macro Strategy George Goncalves takes us back and compares Taper 1.0 and how Taper 2.0 will differ slightly given the urgency to wrap up QE before the Fed begins to contemplate raising rates in 2022 and beyond. George gives us a glimpse into his latest thoughts covered in his FOMC preview and discusses the interest rate outlook into and out of the Fed meeting.
Market volatility tricks come with Japanese election and BoJ treats
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido summarizes the outcome of the Lower House elections. He then discusses the Bank of Japan’s October meeting and Japanese life insurance companies’ second half asset management strategies. He also shares his views on spot Dollar/Yen, Yen rate, and Yen basis.
BoJ meetings and general elections and cross-border flows, oh my!
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido previews the October BoJ monetary policy meeting and general elections in addition to reviewing the August USTIC and September JSDA flow data. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.
Expectations for U.S. Mandatory ESG Disclosure
In today’s episode, Hailey Orr, MUFG Capital Markets Strategist, and Tobi Petrocelli, MUFG Head of Environmental and Sustainability Management, discuss recent ESG developments and expectations for mandatory disclosure standards in the U.S. and implications for U.S. companies and their banking partners.
The tale of two yield curves and more…
In today’s episode, Head of U.S. Macro Strategy George Goncalves reviews his latest piece from the Global Markets Monthly as well as discusses the latest developments on the yield curve and short-term interest rate markets.
Cross-border flows drive the Yen lower ahead of Lower House Election campaigning
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses September and October securities investing flows in the wake of the Lower House dissolution and ahead of the general elections. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.
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.
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.