People sold short-dated debt, such as five-year notes, as they are counting the days as to when the bank shifts policy. I am expecting the bank to make a change between April and June.
Shorter notes are difficult to buy compared with longer debt at the moment. The trend continues for a flattening curve.
The rally in stocks is hampering bonds. Investors also have become risk averse ahead of the fiscal year end.
With the worsening deflator, it's difficult to justify a policy shift in March, and that made some people buy back bonds. The report shows that deflationary conditions are slow to improve, even though the nation is keeping up a good pace of growth.
With the worsening deflator, it's difficult to justify a policy shift in March.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.