Euro zone government bond yields extended gains Thursday afternoon, shortly after the European Central Bank announced its first interest rate cut in five years. Germany's 10-year bond yield, seen as the euro area benchmark, was up 6 basis points to 2.557% at 3:12 p.m. London time. The...
Italy's 10-year bond yield was up almost 9 basis points to 3.893%, while the yield of the Spanish bond of the same maturity added 7 basis points to 3.299%. Euro zone government bond yields extended gains Thursday afternoon, shortly after the European Central Bank ann...
"If National Rally wins a relative majority, we likely see tightening in French government bond (yield spreads)," said Gordon Shannon, partner and portfolio manager at TwentyFour Asset Management, arguing that Le Pen has made the right noises about working with Macron's gov...
Yields on Italy's treasury bonds continued to rise, the yield of 10 year Italy treasury bonds was 6.82%, up 18 basis points, and the yield of 5 - year Italy treasury bonds was 6.75%, up 19 basis points. Citibank (Citi) said that the SNB will soon enter the market again to interven...
Macro news and bond yield spreads in the euro area. CESifo Working Paper Series No. 5008.Caporale, G. M., Spagnolo, F., & Spagnolo, N. (2018). Macro news and bond yield spreads in the euro area. The European Journal of Finance, 24(2), 114-134.Caporale, G. M., Spagnolo, F...
The 10-year benchmark German Bund yield, meanwhile, snapped back to 0.564 percent after closing Monday's session at 0.649 percent but also managed to pare some losses as the session progressed. Bond yields from peripheral countries – like Spain and Italy – were also sharply lower. ...
Following the upbeat PMI data releases from Germany and the Eurozone, 10-year German government bond yield gained more than 3% and stabilized above 2.5%. The Financial Times reported that swap markets are pricing in a terminal ECB deposit rate, which is currently 2.5%, of 3.75% by...
This paper analyses the effects of newspaper coverage of macro news on the spread between the yield on the 10-year German Bund and on sovereign bonds in eight countries belonging to the euro area (Belgium, France, Greece, Ireland, Italy, the Netherlands, Portugal and Spain) using daily data...
BGF Euro Bond Fund Performance Chart View full chart Returns Calendar Year Annualised Cumulative Discrete Annual This chart shows the fund’s performance as the percentage loss or gain per year over the last 7 years against its benchmark. It can help you to assess how the fund has been ...
we set out the changes as well as the implications for our rates forecasts. The first Fed cut is now seen in September, with a slower pace of rate cuts initially. We have removed a July ECB rate cut from our base case, but see rate cuts at each meeting after that. Bond yields have...