Investors / stance tracking

What Sphia Salim is saying

Head of European Rates Strategy, Bank of America

5 dated public stances tracked since 2026-10-22, most recently 2026-10-22. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.

The stances below are c8alpha's editorial distillation of Sphia Salim's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Sphia Salim is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.

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tracked stances

themes

side flips

2026-10-22

last heard

Most-argued themes

Theme	Stances	Mix	Last
ECB	1	1 bearish	2026-10-22
EURO-AREA FRONT-END RATES	1	1 bullish	2026-10-22
USTS	1	1 bullish	2026-10-22

Tracked stances

bullish / bearish is a view they argued; owns / short is a position they said they hold.

2026-10-22 long USTS / long GERMAN BUNDS / long USTS / long USTS (+1 legs) basket Bloomberg TV (uncut) · uncut_tv

U.S. Treasuries and high-quality European sovereign bonds should continue rallying as French fiscal stress drives a flight to safety and reaffirms their portfolio-hedging role.

“We think that continues at this moment.”

Bloomberg TV uncut 2026-10-22 06:30 ET (30 min)

2026-10-22 long GERMAN BUNDS / short FRENCH OATS spread Bloomberg Surveillance · video

France has lost its core-bond status and is trading like a risk asset with no imminent ECB backstop, while German Bunds are reclaiming their flight-to-quality role—the spread should continue to widen from current multi-decade highs near 175bp

“France is starting to trade like a risk asset”

Bloomberg Surveillance 10/22/2026

2026-10-22 EURO-AREA FRONT-END RATES bullish Bloomberg TV (uncut) · uncut_tv

Euro-area front-end rates should rally because markets are pricing too many ECB hikes while policymakers are turning dovish and likely to deliver only one additional increase.

“Maybe one more hike will be delivered, but the market is certainly still too focused on the links to energy.”

Bloomberg TV uncut 2026-10-22 06:29 ET (30 min)

2026-10-22 USTS bullish Bloomberg TV (uncut) · uncut_tv

US Treasuries, German Bunds and high-quality Finnish, Austrian and Dutch sovereign bonds should continue benefiting from the flight to safety driven by European fiscal stress.

“It is playing that role...and we think that that continues.”

Bloomberg TV uncut 2026-10-22 06:29 ET (30 min)

Said again: 2026-10-22 (Bloomberg Surveillance)

2026-10-22 ECB bearish Bloomberg TV (uncut) · uncut_tv

Markets are pricing too many ECB hikes because they are overly focused on energy prices while dovish ECB commentary and tighter long-term financial conditions argue for only one additional hike.