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Italy Is the Darling of a Bond World for 2021


Italy Is the Darling of the Bond World for 2021
Bloomberg
12/23/2020
James Hirai and Jill Ward
(Bloomberg) As European bond strategists draw up their top trades for 2021, one popular theme rises above the rest: load up on Italy’s long-dated debt.
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Commerzbank AG, JPMorgan Chase & Co., HSBC Holdings Plc and UBS Group AG are targeting a continued decline in Italy’s 10-year yield premium over bunds, while Deutsche Bank AG prefers positioning for a flatter bond curve relative to its German equivalent. Robeco Institutional Asset Management is opting for the country’s 50-year notes.
Italian bonds pay the euro area’s highest investment-grade yields, and their allure is burnished by the drying up of fixed-income returns across developed markets more than a quarter of the world’s debt now yields less than 0%. Even rates in other peripheral European nations such as Portugal and Spain have turned negative, with dwin ....

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European stocks gain on vaccine hope; dollar slumps


U.S. stocks rise to records as lawmakers wrangle over aid
Cecile Gutscher and Claire Ballentine, Bloomberg News
BNN Bloomberg s closing bell update: December 17, 2020
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The dollar fell and U.S. stocks rose to all-time highs as lawmakers continued to wrangle over a federal-spending deal in Washington. Asian equities looked set for a mixed start.
Futures were little changed in Japan and Australian shares retreated. S&P 500 contracts were little changed after the index climbed for a third day. A bipartisan U.S. stimulus deal “appears to be close at hand,” Senate Majority Leader Mitch McConnell said, but will probably require work over the weekend to get through Congress. Investors earlier took an unexpectedly large rise in jobless claims as a sign the two sides would be prodded toward an agreement. Treasury yields rose. ....

United Kingdom , United States , City Of , Peter Chatwell , Stoxx Europe , Pfizer Inc , European Union , Mizuho International , Federal Reserve , Emmanuel Macron , Commission President Ursula , Pacific Index , Market Index , Bloomberg Dollar Spot Index , Texas Intermediate , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , நகரம் ஆஃப் , பீட்டர் சாட்வெல் , ஃபைசர் இன்க் , ஐரோப்பிய தொழிற்சங்கம் , மீஜுஹோ சர்வதேச , கூட்டாட்சியின் இருப்பு , இம்மானுவேல் மேக்ரான் , தரகு ப்ரெஸிடெஂட் உர்சூல , பெஸிஃபிக் குறியீட்டு ,

Stocks rise with weak data fueling aid-deal bets


U.S. stocks rise to records as lawmakers wrangle over aid
Cecile Gutscher and Claire Ballentine, Bloomberg News
BNN Bloomberg s closing bell update: December 17, 2020
VIDEO SIGN OUT
The dollar fell and U.S. stocks rose to all-time highs as lawmakers continued to wrangle over a federal-spending deal in Washington. Asian equities looked set for a mixed start.
Futures were little changed in Japan and Australian shares retreated. S&P 500 contracts were little changed after the index climbed for a third day. A bipartisan U.S. stimulus deal “appears to be close at hand,” Senate Majority Leader Mitch McConnell said, but will probably require work over the weekend to get through Congress. Investors earlier took an unexpectedly large rise in jobless claims as a sign the two sides would be prodded toward an agreement. Treasury yields rose. ....

New York , United States , United Kingdom , Peter Chatwell , Pfizer Inc , Mizuho International , Emmanuel Macron , Dow Jones Industrial Average , Nasdaq Composite Index , Bloomberg Dollar Spot Index , Texas Intermediate , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பீட்டர் சாட்வெல் , ஃபைசர் இன்க் , மீஜுஹோ சர்வதேச , இம்மானுவேல் மேக்ரான் , டோ ஜோன்ஸ் தொழில்துறை சராசரி , நாஸ்டாக் கலப்பு குறியீட்டு , ப்ளூம்பெர்க் டாலர் ஸ்பாட் குறியீட்டு , டெக்சாஸ் இடைநிலை ,

Stocks Rise With Weak Data Fueling Aid-Deal Bets: Markets Wrap


U.S. Stocks Rise to Records, Treasuries Decline: Markets Wrap
Bloomberg
12/17/2020
Claire Ballentine and Vildana Hajric
(Bloomberg) U.S. stocks notched a solid gain to close at all-time highs, even as lawmakers continue to wrangle over a federal-spending deal.
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The S&P 500 climbed for a third day, even with Republicans and Democrats still unable to reach an agreement that would assist millions of Americans who face losing virus-era assistance later this month. Investors earlier took an unexpectedly large rise in jobless claims as a sign the two sides would be prodded toward a deal. The dollar slumped, Treasury yields rose and oil advanced. Bitcoin breached $23,000 for the first time. ....

New York , United States , United Kingdom , Peter Chatwell , Stoxx Europe , Pfizer Inc , Mizuho International , Bloomberg The , Emmanuel Macron , Pacific Index , Market Index , Bloomberg Dollar Spot Index , West Texas Intermediate , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , பீட்டர் சாட்வெல் , ஃபைசர் இன்க் , மீஜுஹோ சர்வதேச , ப்ளூம்பெர்க் தி , இம்மானுவேல் மேக்ரான் , பெஸிஃபிக் குறியீட்டு , சந்தை குறியீட்டு , ப்ளூம்பெர்க் டாலர் ஸ்பாட் குறியீட்டு , மேற்கு டெக்சாஸ் இடைநிலை ,