Back
15 Dec 2014
Bond yields continue to stay low – Danske
FXStreet (Barcelona) - The Danske Bank Research Team notes that bond yields continued the trend lower with 10-year Bunds falling to a new low on Friday while the US yields stayed low during the Asian session.
Key Quotes
“Stock markets took another dive Friday as anxiety over the lower oil price continued to be in focus. Brent oil fell further to USD61 per barrel and there is still no sign of an end to the falling trend. The United Arab Emirates Energy minister yesterday said OPEC output would be unchanged even if prices go as low as USD40 per barrel.”
“Bond yields continued the trend lower late Friday with 10-year Bund yields falling to a new low of 62bp. US yields have stayed low in Asian trading.”
“The declining oil price has started to affect the broader US high yield market as weakness in energy junk bonds has spread to the rest of the market. US high spreads are now the highest in over a year.”
Key Quotes
“Stock markets took another dive Friday as anxiety over the lower oil price continued to be in focus. Brent oil fell further to USD61 per barrel and there is still no sign of an end to the falling trend. The United Arab Emirates Energy minister yesterday said OPEC output would be unchanged even if prices go as low as USD40 per barrel.”
“Bond yields continued the trend lower late Friday with 10-year Bund yields falling to a new low of 62bp. US yields have stayed low in Asian trading.”
“The declining oil price has started to affect the broader US high yield market as weakness in energy junk bonds has spread to the rest of the market. US high spreads are now the highest in over a year.”