Spiga

Swedish Rates Closer To Goldman View

Forex News Sweden's two-year benchmark bond yield trades flat at 4.7%, while the ten-year yield is up six points to 4.45%. Goldman continues to expect the Swedish Riksbank to keep its key rate on hold at 4.5%. With markets pricing in higher rates in the near-term, says "this leaves us more dovish on rates" than the market. Says, however, "the more dovish than expected Riksbank minutes [last week] caused a repricing in Swedish rates bringing them closer to our view."




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