stock market

Fixed income discounts a recession

Alphavalue | The increasing tensions in the trade war between the US and China have significantly raised prices in the bond market. While in Europe the yield on the Bund has fallen to -0.18%, in the US the T-bond is marking two years low with a TIR of 2.22%.

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Fixed-income, a Good Business for Banks

MADRID | By Francisco López | In the current context of scarce credit activity and low interest rates, a substantial part of banks’ financial income originates in the fixed income portfolio. The banking sector’s balances of fixed-income come to €540 billion, which represent 17% of the total balance (around half of them being public debt).

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Fitch EU senior fixed-income investor survey shows most favour fiscal union

LONDON | Ratings agency Fitch released on Monday the conclusions of its latest survey of the opinions of a hundred fixed-income asset managers with an estimated $7.2-trillion business volume. More than 80% of respondents work at the top 20 and 50 investing houses in Europe, so their views on the euro zone’s future are meant to be telling. And they are: fiscal integration is seen as the final station of…