In the comparison between Danish callable and US MBS the FED cut yesterday have reduced the advantage for Danish callables to the half. Trump want another rate cut. If he gets his will, the US market is once again open to the world and Danish callable have to compete on equal terms, Anders Skytte Aalund from Nordea reports. Key quotes “The surprise cut yesterday from FED reduced the disadvantage in hedging long-dated US assets with short (3 month) FX forwards with 32bp.” “The value creation in Danish callables has now moved from an asset-specific factor to being a pure FX forward factor.” “If Trump gets his will with further cuts as announced on Twitter yesterday the FX forward will move further and reopen the long-dated US bond market for non-domestic investors after being de facto closed for years.” “We don’t expect a sell of from Foreign investors even if FED cuts soon again. We expect however that Danish callables will have to compete with the US market and therefore we need to monitor this market more closely.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Fed also cut pound’s wings FX Street 3 years In the comparison between Danish callable and US MBS the FED cut yesterday have reduced the advantage for Danish callables to the half. Trump want another rate cut. If he gets his will, the US market is once again open to the world and Danish callable have to compete on equal terms, Anders Skytte Aalund from Nordea reports. Key quotes “The surprise cut yesterday from FED reduced the disadvantage in hedging long-dated US assets with short (3 month) FX forwards with 32bp.” “The value creation in Danish callables has now moved from an asset-specific factor to being a pure FX… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.