Global Rates Watch: Rates primer library: summer ’26

Research evidence excerpt

Global Rates Watch: Rates primer library: summer ’26

Accessible version

Global Rates Watch

Rates primer library: summer ’26

Global rates primer library 09 July 2026

We update the BofA global rates strategy team primer library after recent publications. Rates Research

This builds off our mid ’25 primer library. Pages 2-3 contain our most recent global rate Global

primers + associated links, updated for early summer ‘26. This update includes primers

Global Rates Research

for central bank watching in each region, global plumbing, cross currency basis swaps, MLI (UK)

US agency debt, US callable bonds, & FX-SOFR ’26 update. Mark Cabana, CFA

Rates Strategist

Global rate primers: funding & inflation BofASmark.cabana@bofa.com

The rates team has primers on global funding & inflation markets. Global funding topics Sphia Salim

now include a global plumbing primer of the Fed, BoC, ECB & BoE; a global policy quick Rates Strategist

MLI (UK)

reference guide; a cross-currency primer; & FX-SOFR update. sphia.salim@bofa.com

US rate primers: funding, vol, RV, & general topics MarkRates StrategistCapleton

The US rates team has written a series of primers ranging from funding markets, mark.capleton@bofa.com

volatility, & relative value (RV) relationships. On funding, our current primers cover Fed Meghan Swiber, CFA

watching basics, policy plumbing, UST repo market / relation to equity funding markets, Rates Strategist

BofAS

& SOFR rate / SOFR spreads. In volatility, we have an extensive primer that is intended meghan.swiber@bofa.com

as a “guide for the perplexed”. In RV, we have discussed relative value on the UST curve. Paul Ciana, CMT

Technical Strategist

The US rates team has also published primers on general rates topics. These range from BofAS

paul.ciana@bofa.com