CIO Fixed Income Roundtable Podcast Series
From the original
Hear from members of the UBS Chief Investment Office fixed income team as they provide a performance and positioning update across fixed income sub-sectors. Featured are Leslie Falconio, Head of Taxable Fixed Income Strategy Americas, along with Senior Fixed Income Strategists’ L
Related speeches
4 itemsCIO Fixed Income Roundtable Podcast Series - 2Q26 update and outlook
Lead — The recent surge in U.S. Treasury yields is indicative of underlying market tensions and shifting expectations surrounding monetary policy, driven by an unexpected extension of the ceasefire dynamics in the geopolitical landscape. Per the full note from UBS, 10-year Treasury yields recently spiked by around 25 basis points, reaching levels not seen since early 2025. This underscores an evolving outlook on fixed income, which traders should consider as they navigate upcoming market movements and positioning across key currency pairs.
CIO Fixed Income Roundtable Podcast Series - 2Q26 update and outlook
The desk posits that the recent surge in U.S. Treasury yields is indicative of a sustained risk appetite and inflationary pressures. Per the full note from the UBS Fixed Income Roundtable, 10-year Treasury yields spiked by 25 basis points, reaching 4.68%, the highest since January 2025—a reflection of ongoing geopolitical undercurrents that are maintaining upward pressure on rates. This shift in yield dynamics suggests a pivot away from a risk-off sentiment that could robustly impact currency valuations in the FX market.