Category Archives: German Bund

Watch This Space…

Because the eurozone is where the big bond bubble lives. Though the euro periphery is now in Convergence 2.0 mode on hopes of eMac’s vision of a more integrated ‘zone, the German 10-year is at a critical level, and yields … Continue reading

Posted in Bonds, Equities, German Bund, Uncategorized | Tagged , , | 11 Comments

Party Like It’s 1999: U.S. – German 2-year Yield Divergence

What does this mean for capital flows?  Euro should weaken, but it ain’t! ECB timid and waaaay behind the curve. The policy divergence between the U.S. & Germany is widening. The gap between U.S. & German 2-year yields is at … Continue reading

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FOMC: A Big Double Cheese Non-Burger

Monetary policy history made today. The  Federal Open Market Committee (FOMC)  confirmed it would begin its long-awaited quantitative tightening (QT). In October, the Committee will initiate the balance sheet normalization program described in the June 2017 Addendum to the Committee’s … Continue reading

Posted in China, Euro, Eurozone Sovereign Spreads, Fed, German Bund, Monetary Policy, Sovereign Debt | Tagged , | 2 Comments

German bond yields at new low – FT

The FT’s Jamie Chisholm highlights what to watch in markets on Friday, with German bond yields at a fresh low, the All-World index finishing the week at its best ever level and the price of gold at its highest since … Continue reading

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Map of the Day: Export Markets

Notice any trend or clusters?  Who gets hurt as global trade declines? Source:  Fascinating Maps

Posted in China, German Bund | Tagged , , | 2 Comments

French Oat-German Bund 10-year Spread

The spread on the French 10-year and German 10-year widened almost 10 bps this week and is now approaching 2014 highs.  François Fillon prospects in the betting markets dropped like a stone in the past week over the scandal his … Continue reading

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French Oat-German Bund 10-year Spread

Stabilizing at around 50 bps. Who will be elected president of France in 2017? https://t.co/NZvm7HNJXe via @PredictIt_ — Gregor Samsa (@macromon) January 22, 2017

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Eurozone Sovereign Spreads Since Italy’s Election

ECB president, Mario Draghi, spoke in this morning’s press conference about how contagion has been contained in the eurozone bond markets since the Italian elections.   The data are in and he is right. The markets had closed before the election … Continue reading

Posted in German Bund, Germany, Italian Yields, Italy, Sovereign Debt, Sovereign Risk | Tagged , , , | 1 Comment

Daily Interest Rate Monitor – January 17

(click here if table is not observable)

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More Pain in Spain

Though yields dropped about 20 bps today,  the pain continues.   Big move in the German 10-year bund since June 1st –  1.17 to 1.51 percent! (click here if video is not observable)

Posted in Black Swan Watch, Euro, German Bund, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment