18 Quotes by Kornelius Purps

  • Author Kornelius Purps
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    Asset liability matching demand from pension funds will support the longer end and assuming the ECB hikes rates aggressively, we might see a flat yield curve by April.

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  • Author Kornelius Purps
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    It's becoming harder to believe that the ECB will only raises rates once with confidence high and policy makers sounding hawkish. The short end of the bond market will remain under pressure.

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  • Author Kornelius Purps
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    It's yet more bad news for GM and we can't rule out the possibility of even worse to come. Given the big sell-off we've had in Treasuries, this is a good time to buy.

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  • Author Kornelius Purps
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    The Fed will definitely be raising the rate at the end of this month, and it's certainly possible we'll get a second rate increase later. With some supply pressure, that will also lead to higher yields.

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  • Author Kornelius Purps
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    In all likelihood, disappointing data will at some point in time dampen rate hike expectations. There's a reasonably good chance for yields to move substantially lower over the course of this year.

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  • Author Kornelius Purps
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    In the near term, the gilt market will react to any economic data release that helps shape investors' BOE view. The annual growth figure was lower than expected, showing continuation of declining growth.

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  • Author Kornelius Purps
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    The ECB has signaled that if there was any risk inflation expectations would run away, they would contain them. With this central bank rate-hike cycle, it may lead to a flat yield curve by April.

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  • Author Kornelius Purps
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    The central bank is very likely to send a stronger message that rates are going up in the near future, because the economic outlook is getting brighter. This will put downward pressure on the bond market.

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  • Author Kornelius Purps
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    The market is under pressure at the moment, there's no question about that. This means yields at the long end will rise.

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