| Ticker | Mentions | Stance | Conv | Entry | P&L YTD | Theme | Thesis (click to expand) | Mentioned | Src |
|---|---|---|---|---|---|---|---|---|---|
| IEUR | ×1 | LONG | MED | $74.30 | Macro | European and UK core rates are overpricing the chance of rate hikes. When energy flows resume through the Strait of Hormuz, the risk premium will unwind, making front-end bonds attractive to buy opportunistically. The market is pricing more than two hikes from the ECB and BOE, which is too much given the likely outcome. | Apr 27 | YOUTUBE |