By Leonidas Stergiou Discussions on the European Central Bank’s (ECB) new tool to intervene in bond spreads began in Frankfurt late last week, with results so poor that some sources with knowledge of developments doubt it will be ready by the 21st. July, i.e. until the next meeting, as announced. The debate will continue in […]
Tag: government bonds
German bond yields fall on growth worries
German government bond yields edged lower on Tuesday amid resurgent fears about economic growth in the Eurozone, raising hopes for a slowdown in monetary tightening by central banks. Risk appetite is waning and stock markets are falling, with the euro sinking to a two-decade low, as a fresh surge in gas prices has reignited concerns […]
The ECB is launching flexible bond markets as of Friday
Today’s announcements by Christine Lagarde do not seem to have convinced bond markets. The ECB, as its head revealed today, will start “flexible bond markets” on Friday, July 1, in an effort to curb rising borrowing costs, especially for the heavily indebted southern states. “We have decided to implement the flexible way of reinvesting expiring […]
What has the ECB decided on the bond crisis? Nothing
By Marcus Ashworth “It’s nothing, but it’s nothing.” The philosopher Ludwig Wittgenstein wrote about the inability to discuss private senses such as pain. It could, however, hypothetically describe the European Central Bank’s announcement on Wednesday in the same way, following an emergency meeting of policymakers that took more than three hours to produce less than […]
Bonds are in recession and rally in 2022 in the USA
By Hank Tucker Less than two years away from a deep but brief recession caused by Covid in 2020, economists have already turned their attention to the next. Gary Shilling believes such a thing could be here by the end of 2022, boosting bond prices and threatening stocks. The US Federal Reserve is set to […]
Rise in bond yields
The wave of liquidations that had begun at the beginning of the week throughout the eurozone, today swept Greek bonds. The yield on the 10-year bond reached 1.54% (recording an increase of up to 0.2% compared to yesterday) level at which it had to be found again from May 2020. The fuse that re-ignited the […]