SwissView
Short

ECB October Meeting Could Start Tapering

TVC:EUBUND   Euro Bund
Quote:

"A hawkish ECB has placed German bund             yields squarely in the spotlight

Once described as the “short of a lifetime” by the likes of bond gurus Jeffrey Gundlach and Bill Gross, bets on German government bond yields, or bunds, heading higher have preoccupied the minds of investors who highlight the divergence between German and U.S. bonds.

Yet, talk of investors wagering for the gap to narrow have gathered momentum recently.

What’s the catalyst?

European Central Bank President Mario Draghi has hinted that a more substantial discussion of the tapering of the ECB’s €60 billion ($71.7 billion) monthly asset purchases at its October meeting. Many investors have bet on that yield differential to narrow, with many wagering for the value of bunds to fall, pushing yields higher."
Source: http://www.marketwatch.com/story/a-hawkish-ecb-has-placed-german-bund-yields-squarely-in-the-spotlight-2017-09-15

Opinion: The multi year support of financial markets with QE's and QQE's could come to an end. Usually stockmarkets react to steps like this with short term or medium term falling prices.

Comment: In shedding bonds, Fed aims for boring end to crisis-era measures
https://www.investing.com/news/economy-news/in-shedding-bonds-fed-aims-for-boring-end-to-crisisera-measures-529814
Comment: FUNDAMENTAL VIEW, EUROPEAN PMI

Eurozone growth seen picking up in September — Markit PMI
https://www.ft.com/content/715dc0e2-9025-3fed-8d94-ef8f66dfd48d
Comment: FUNDAMENTAL VIEW: US TAX REFORM

Remark: US TAX cuts likel to cut tax revenues as well. US T-Bonds should face more headwinds and pressure long term.

Quote: "If Senate can pass budget resolution, tax cuts have strong chance: Zoellick
Source: http://www.marketwatch.com/story/if-senate-can-pass-budget-resolution-tax-cuts-have-good-chance-zoellick-2017-10-14?siteid=bigcharts&dist=bigcharts
Comment: Germany's Greens warn against blind adherence to balanced budget https://www.investing.com/news/world-news/germanys-greens-warn-against-blind-adherence-to-balanced-budget-546660
Trade active:
Comment: Short Term Target Reached: US TBond Yield 2,60%

Stockmarktes vs. Bond Markets:
https://www.investing.com/news/stock-market-news/asian-shares-step-back-from-2007-peak-oil-at-threeyear-high-1084803
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out