Tag Archives: germany

European Government Bond Markets Absorb a Lot of Market Info in the First Week of June

European bonds markets had a lot to take in last week.  For the most part, they all responded with a downward price reaction regardless of risk profile, with the exception of Greece.  The ECB left monetary policy unchanged.  Eurozone inflation for May climbed to 0.3%, indicating that QE is having the desired effect.  Greece chose Read more […]

Europe’s Short Rate Remains Unchanged

The European Central Bank left its key rate unchanged at a record low of 0.25%. There was speculation around whether the European Central Bank would cut rates again in response to the low level of inflation (0.7% in January). The central bank’s president, Mario Draghi, addressed the low inflation issue by saying that the measure Read more […]