Market Comment | Cautious tone remains in financial markets, amid volatility
Published on Monday, August 13, 2018
Market Comment | Cautious tone remains in financial markets, amid volatility
Summary
Safe-haven bonds outperformed, with US (2.88%) and German 10Y yields (0.32%) remaining broadly steady and both peripheral and EM yields increasing across the board on the back of political concerns and spillover effect from Turkey. Italy’s risk premium increased by 11 bps to 279 bps ahead of the 2019 budget negotiation, while the impact […]
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BBVA Research
BBVA Research