What Does New Leadership Mean for the ECB?

What Does New Leadership Mean for the ECB?

Mario Draghi steps down as ECB President at October’s end, and outgoing IMF head Christine Lagarde is set to take his place. Since EU leaders nominated her over the summer, we have seen many financial pundits try to assess what her appointment will mean for the ECB’s...
What Is With Negative Yielding Debt?

What Is With Negative Yielding Debt?

Increasingly, many developed world countries’ fixed-interest securities’ yields have gone sub-zero. German government debt yields are currently negative out to 17 years.i Japanese? 15 years.ii Whilst negative long-term rates in Germany and Japan aren’t particularly...
A Primer on Yield Curves: What They Are and How They Affect You

A Primer on Yield Curves: What They Are and How They Affect You

The yield curve charts a country’s interest rates across all loan maturities—from short-term rates set by the central bank to long-term government bond rates traded in the marketplace. It is widely thought to be a reliable leading economic indicator. Here we explain...
Spring Showers Bring May Myths

Spring Showers Bring May Myths

Spring has sprung! And with the warmer temperatures, sunnier days and budding flowers we expect another yearly regularity to hit soon: financial media’s warnings you should exit equities before the annual summer doldrums hit markets – to sell, that is, in May. But in...