Rates and FX Monthly Outlook

18-06-2010

Kommer van Trigt, head of Robeco's Rates team, shares his outlook on the Fixed Income markets.

Highlights

  • Bond markets remain focused on fiscal problems in the euro area

  • Trading conditions are still far from normal in euro peripheral bonds

  • No Greece, Spain and Portugal in portfolio as fiscal worries persist

  • We prefer Bunds over US Treasuries

  • In FX markets we stick to our underweight in the euro