Tag Archives: ECB

FI Eye-Opener: New lows still ahead

Core bond yields reversed much of their increase from the previous day on Friday,

No holidays for central banks The sharp decline in oil prices is putting a lot of pressure on central banks.

Yesterday was a day of recovery for the rouble but we expect volatility to remain high.

The German 10-year yield revisited its record-lows yesterday,

New lows and huge volatility were the name of the game yesterday.

Among the G10, the JPY outperformed, rallying to 117.43 vs. the USD.

German yields tried to rebound higher yesterday, but renewed falls in equity markets bought the bid back to

AUDUSD dipped to 0.8223 and EURUSD softened to 1.2438,

Core bonds continued to perform strongly on Friday, curves bull-flattened further,

As oil prices fell further, oil currencies have underperformed.

The German 10-year yield initially hit new lows at around 66bp, but rebounded a bit later to end the day only marginally lower.

After falling overnight, the dollar stabilized against G10 currencies in Asia.