Categorie: Pioneer

3 Things the European Investment Grade Fixed Income Team Talked About Last Week

1. UK & Article 50 – “It’s the End of the World as We Know It”  Last week, following a bit of back-and-forth between the lower House of Commons and upper House of Lords, legislation was introduced that allows UK Prime Minister Theresa May to trigger Article 50, and thus start the long-awaited process of … Lees verder 3 Things the European Investment Grade Fixed Income Team Talked About Last Week

3 Things the European Investment Grade Fixed Income Team Talked About Last Week

 1. ECB Meeting 24 hours. That’s the time it took the ECB hawks to break ranks and confirm what most of us suspected – that the ECB Governing Council had discussed a rate hike at the previous day’s meeting. Despite a relatively dovish statement and opening remarks at the post-meeting press conference, the tone turned … Lees verder 3 Things the European Investment Grade Fixed Income Team Talked About Last Week

3 Things the European Investment Grade Fixed Income Team Talked About Last Week

 1. European Inflation – a Black Swan?  Some things can truly be described as rare events – the wrong film being announced as an Oscar winner and the discovery of 7 new planets being two recent examples. Last week we were able to add to that collection, with Euro-area inflation hitting the ECB’s target of … Lees verder 3 Things the European Investment Grade Fixed Income Team Talked About Last Week

2 Things the European Investment Grade Fixed Income Team Talked About Last Week

1. The French Connection The major talking point in European Investment Grade Fixed Income markets last week was the sudden and violent widening of non-core markets against Germany. It was most evident in France, but also occurred in Italy, Portugal and Greece (the latter for very idiosyncratic reasons to be fair). The primary cause of … Lees verder 2 Things the European Investment Grade Fixed Income Team Talked About Last Week