Global Markets

Global Markets

Global Markets Update

14 July, 2017

Will euro-zone peripheral bonds shrug off ECB tapering?

Government bond yields have risen recently by more in Germany than in some “peripheral” countries of the euro-zone. This has happened even though the sell-off in bonds has been caused by concerns that the ECB will scale back its purchases, from which the weakest countries in the region have benefited. However, it is not clear that the purchases have boosted their government bonds any more than Bunds. And absent a sovereign crisis, credit spreads often tend to fall when economic conditions are

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon

Get the App

The Capital Economics apps are a great way for clients to keep up to date with our latest research.

Capital Economics AppsFind out more