10-07-2025
BI's Worthington and Jersey On G3+ Rates: Macro Matters
US Treasury yields are the lowest among the G3+ once hedged back to US dollars, which is a topic discussed on this Macro Matter's edition of the FICC Focus podcast. Bloomberg US Interest Rate Strategist Ira Jersey is joined by his European Interest Rate Strategy counterpart Huw Worthington to discuss their thoughts on central bank policy action and the government bond markets in general. The two discuss why long end yields have been more sensitive to fears of deficit increases than shorter maturity bonds. Terminal users can see their note on how Treasuries are the lowest yielding sovereign bond market after currency hedged -