Tag Archive: German

BOJ Steps-Up its Efforts, US 2-10 Curve steepens, and the Dollar Softens

2022-03-30

by

2022-03-30

Overview:  A pullback in US yields yesterday and the Bank of Japan's stepped-up efforts to defend the Yield Curve Control policy helped extend the yen's recovery.  This spurred profit-taking on Japanese stocks, where the Nikkei had rallied around 11% over the past two weeks. 

Read More »

Yields Jump, Greenback Bid

2022-03-28

by

2022-03-28

Overview: Yields are surging.  Canada and Australia's two-year yields have jumped 20 bp, with the US yield up 10 bp to 2.37% ahead of the $50 bln sale later today.  The US 10-year yield has risen a more modest three basis points to 2.50%, flattening the 2-10-year yields curve.  The 5–30-year curve has inverted for the first time since 2016. 

Read More »

2a) Swiss Macro



Read More »

High German Pay Rises: The End of the German Bunds Bubble

2013-05-30

by

2013-05-30

Yesterday’s German CPI has given a first insights of what is coming these years: German inflation. For years excessive risk averseness put pressure on German yields. Most recently, energy prices helped to push down inflation and on German yields possibly for a last time. But many ignore that the main reason for inflation are rising …

Read More »

Gold Tells the History of the 20th Century

Gold value and tons per country reserves US Canada Japan Swiss Netherland UK Russia France Italy


Read More »