Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... Currently, one of the largest positions in our portfolio is a short in the European long-dated bonds, concentrated in German government bonds. Bunds appear expensive in our models considering the recent increase in activity indicators and the expectation that ECB asset purchases are going to be cut by 50% from January. In addition, investors are starting to price in resumption of European government bond supply, which is expected to increase to EUR 98 billion in January 2018 from EUR 15 billion in December 2017. We believe the supply demand dynamics look especially unfavorable for bunds, where the redemption of the ECB purchases will be disproportionately in line with the capital key. As a result, we believe the actual reduction in bund purchases by the ECB could be as high as 60%-70%. ... "
" ... European tail risk is as high as Mount Everest right now. Flow dynamics show that the European sovereign debt crisis has entered a new, and dangerous phase. According to Nomura’s FX team, led by Jens Nordvig, capital in Europe is now moving as it did during emerging market currency crises. While initially, investors pulled their money out of the periphery and into the safety of bunds (phase 1), and then cut their exposure to Italy and Spain, followed by France and Belgium (phase 2, accompanied by foreign repatriation of about €100 billion in the second half of 2011), domestic investors are now pushing their money out of the Eurozone. ... "
" ... Investors appear to be positioning themselves conservatively ahead of the first reading of second-quarter U.S. gross domestic product data tomorrow. While it's no surprise that there is very little movement in the major currency pairs before such a major economic release, uncertainty over more economic penalties imposed on Russia by the U.S. and European Union has seen investors turn to gold and German bunds on Tuesday. The U.S. dollar remains near a six-month high versus a basket of currencies ahead of the two-day Federal Open Market Committee meeting tomorrow and the U.S. nonfarm payrolls report due on Friday. ... "
" ... Mind the Gap: After rising from February through April, the wide gap between the U.S. 10-year Treasury yield and the German 10-year bund yield has eased, slightly. The premium of bonds to bunds narrowed from 183 basis points a month ago to 175 on Wednesday. Both yields have risen over that time span, but the bund yield is up more than twice as fast, recently yielding about -11, compared with -26 in mid-April. ... "
" ... With the Fed buying Treasuries and junk corporate bonds and the ECB buying German bunds at negative yields, many old and new zombie companies are issuing record amounts of debt. Forward price-to-earnings ratios (see figure below thanks to Yardeni Research) are higher than at any other time excluding the dotcom bubble and cash (Source: Refinitiv). Growth stocks are free options on further stimulus, with momentum trouncing value for almost a decade and sending many ivory tower value investors into hiding. Home prices have surpassed their previous nosebleed highs. Liquidity is ample and mostly free, and homebound citizens are spending aggressively again. With the US having the exorbitant privilege of getting away with anything for the time being when it comes to policy, the only threat on the horizon is a wholesale loss of confidence in the US dollar. But again the Eagles said it already: “they stab it with their steely knives, but they just can’t kill the beast”. ... "