Daybreak Europe Show Open: Peak Inflation

The video discusses Ericsson's financial performance, highlighting a significant miss in operating profit due to narrowing margins, despite slightly beating net sales estimates. The impact of their exposure in Russia is also mentioned. The conversation shifts to the bond market, where the narrative of peak inflation is questioned, especially in light of Amazon's price increase. The discussion includes the recent repricing in the rates market and the Fed's influence on bond yields.

What guidance did Ericsson provide regarding their exposure in Russia, and why is it important?

Discuss the significance of the 20 basis point drop in the two-year notes. What does it suggest about market expectations?