Rates Spark: Without The Stabilisers
Appetite for high-beta fixed income has allowed the ECB to reduce its overweight in peripheral bonds. Read more here...
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Appetite for high-beta fixed income has allowed the ECB to reduce its overweight in peripheral bonds. Read more here...
We believe the ECB will aim to bring its interest rates into neutral territory reasonably quickly following its decision to raise its policy rate by 75 bps at its September meeting.
In Europe, the tide of very easy money is about to go out at the very time that the Italian economy has been swimming naked. Read about the potential issue with the Italian economy.
Last week, the European Central Bank (ECB) delivered a dovish surprise to the market. Read more here.