The yield spreads of 10-year Spanish and Italian government bonds over German Bunds recently fell below 100bp for the first time since 2010. Given their grind lower since the summer of 2012, it is...

Despite the prospect of further monetary easing from the Reserve Bank of India (RBI), we forecast that the country’s stock market will end this year barely any higher than it is now. On a more...

The fact that short-dated bond yields are negative in many European countries is often attributed to the prospect of substantial purchases of euro-zone government debt by the ECB under the policy of...

Despite the resurgent risk of a Greek exit from the euro-zone, investors have so far remained relatively relaxed about the possible effect on emerging markets. Admittedly, there were further net...