
“Investors placed almost 11 billion euros of orders for Austria’s first century bond, which had a yield of 2.1 percent. That’s less than the current yield earned on Treasuries coming due in just 10 years. The ‘quite peculiar’ bond market reflects expectations of a subdued investor response to when the European Central Bank decides to rein in its super accommodative monetary policy, according to Kim Liu, senior fixed-income strategist at ABN Amro Group NV.”
Related posts:
Trump urges Congress to restrict Chinese investment in U.S. tech companies
Cost of Dropping Citizenship Keeps U.S. Earners From Exit
US denies China Mobile's capitalism permit citing 'national security'
Network of satellite guardians in space keep an eye out for natural disasters
USDA spends $2M, gets one intern, program fails
Moody’s considers downgrading top US banks
Michael Scheuer: The Idea That They're Attacking Us Because Of Our Freedom Is Insane
Sky's the limit: New towers targeting rich Asians soar in New York
Why Apple Has to Borrow $17 Billion
Spying fears highlight worth of Swiss data centres
Fracking ban halts first shale gas project in Spain
Former Obama Supporter Oliver Stone: Obama Is A 'Snake'; 'We Have To Turn On Him'
Can Jeff Bezos, Warren Buffett and Jamie Dimon fix health care?
China seizes $14.5 billion from family, associates of ex-security chief
Mexico to create new national police force to fight drug cartels