The traditional anchor status of German Bunds is under pressure
Germany’s decision to hold early elections on 23 February could reshape its economic and fiscal policies, with potential implications for German Bunds’ role as Europe’s fiscal anchor.
Trump’s comeback: European bond markets seen as safe haven
Believe it or not, Donald Trump’s return to the White House might just be good news for Europe’s fixed income markets. While U.S. investors brace for renewed protectionism and inflation risks, Europe’s debt landscape is showing signs of resilience—possibly even appeal.
‘Make no mistake: the next six months won’t be pretty’
The era of negative interest rates on government bonds is over, but the moment when government bonds will again generate both portfolio protection and returns is still far away. Especially in Europe, the situation is tough. The ECB has its hands tied. The need to save Italy means Eurozone interest rates can only rise so much. “Make no mistake about it: the next six months won’t be pretty.”