Markets – Page 26 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Revisiting Greek negotiating positions and more comments on capex and interest rates

Thoughts on the economic effects of the reduction in capex from the energy sector

The convergence to zero continues, favouring Anglo-Saxon government bonds

Negative yields, quantitative easing, currency wars, and reflexivity

The Danish krone problem

Reasons the Fed won’t raise rates

Initial thoughts on the Swiss National Bank peg removal

Yield curve inversion in the US when the Fed hikes

Pie in the Sky

The convergence of safe asset yields toward zero favours Anglo-Saxon bonds