FlowBank

1210 days ago

And there goes Spain - 10yr bond yields drop to 0% for the 1st time

The ECB decision to extend its stimulus program has seen investors piggyback the buying, sending Spanish yields to 0%, two days after the same happened to neighbouring Portugal

#Bonds
And there goes Spain - 10yr bond yields drop to 0% for the 1st time

1210 days ago

Eurobond yields hit a record low

However, this is not a surprise. The ECB promised to do what they could to keep borrowing costs as low as possible. In fact, many countries are even paid to borrow, such as Spain and Portugal. 

#Bonds #Macro
eurozone bonds yields

1211 days ago

Australia issues negative yielding debt for the 1st time

Australia just go PAID to borrow with first ever negative yield seen in short-term debt market. It was only a matter of time. Not a sign of impending rate cuts but rather a 'cheap' currency to borrow at the moment and a lot of liquidity in the system.

#Bonds #Forex
Australia issues negative yielding debt for the 1st time

1211 days ago

Equity vs bond flows flicking back toward equities

Investors rushed to the safety of bonds in the height of the pandemic but are moving back to equities in a big way on hopes for 'reopening' next year

#Stocks #Bonds
Equity vs bond flows flicking back toward equities

1212 days ago

The yield on 10-year Portuguese government debt has turned negative for the 1st time (despite 120% debt: GDP)

Why note make it 150% instead...? ECB is still buying

#Bonds
The yield on 10-year Portuguese government debt has turned negative for the 1st time (despite 120% debt: GDP)
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