George Goncalves
Head of U.S. Macro Strategy
MUFG Securities Americas

George Goncalves joined MUFG in April 2021 as head of U.S. Macro Strategy with a mandate to formulate U.S. Fixed Income views, drive market strategy thought leadership, and actionable trade ideas for clients. He focuses on rates, MBS, credit, the Fed/global central bank policy, U.S. dollar funding dynamics and all things macro-related.

George spent nearly a decade at Nomura Securities, first as the chief U.S. Rates Strategist and later as the Head of U.S. Fixed Income Strategy. Over his tenure at Nomura, he oversaw teams of analysts covering U.S. rates, U.S. credit and emerging market rates.

Prior to that, George was the Head of Fixed Income Strategy at Cantor Fitzgerald and a senior research analyst at both Morgan Stanley and Bank of America. He started his career in the Fixed Income markets on the buy side at the formerly known Merrill Lynch Asset Management division in institutional separate accounts, analyzing and co-managing portfolios of Treasuries, repo, short-term credit and MBS as an assistant portfolio management analyst.

Earlier in his career, George was voted one of the Top 20 Rising Stars in Fixed Income by Institutional Investor in 2007. Throughout his career he has been an active guest on Bloomberg TV and CNBC, as well as a quoted source in various financial media outlets.

Professionally, he has worked with many debt issuers and has an established wide network of institutional investors from FX reserve managers, Bank Treasurers, real money and macro hedge funds.

George received his joint degree in Finance/Economics and Political Science from Rutgers University’s School of Management.