European Interest Rates
Market Briefing: European Interest Rates
Yardeni Research, Inc.
June 17, 2022
Dr. Edward Yardeni
516-972-7683 eyardeni@
Debbie Johnson
480-664-1333 djohnson@
Mali Quintana
480-664-1333 aquintana@
Please visit our sites at blog.
thinking outside the box
Table Of Contents Table Of Contents
European Government Bond Yields
1-12
June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
European Government Bond Yields
Figure 1.
18
18
EUROZONE: GOVERNMENT 10-YEAR BOND YIELDS
16
(percent, monthly)
16
D NIRP QEE
14
E
QE
14
12
Brexit
12
10
Yields
10
France (1.52)
8
Germany (1.10)
8
Italy (2.99)
6
Spain (0.47)
6
4
4
May
2
2
May
0
0
-2
-2
93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Note: D (7/26/12) = ECB President Mario Draghi pledged to do "whatever it takes" to defend the euro. NIRP (6/5/2014) = negative interest-rate policy. QE (1/22/15) = quantitative easing. QEE (3/10/16) = expansion and extension of QE with corporate bond purchases started 6/1/16. Source: Haver Analytics.
Figure 2.
10
10
EUROZONE: GOVERNMENT 10-YEAR BOND YIELDS
9
(percent, daily)
9
8
Brexit
8
France (2.21)
7
Germany (1.67)
7
Italy (3.69)
6
Spain (2.79)
6
5
5
4
D
NIRP QE QEE
4
3
6/17
3
2
2
1
1
0
0
-1
-1
-2
-2
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Note: D (7/26/12) = ECB President Mario Draghi pledged to do "whatever it takes" to defend the euro. NIRP (6/5/2014) = negative interest-rate policy. QE (1/22/15) = quantitative easing. QEE (3/10/16) = expansion and extension of QE with corporate bond purchases started 6/1/16. Source: Haver Analytics.
Page 1 / June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
European Government Bond Yields
Figure 3.
9.0
9.0
8.5 EUROZONE: GOVERNMENT 10-YEAR BOND YIELDS
8.5
8.0
(percent, daily)
8.0
7.5
QEE
7.5
7.0
Spain (2.79)
NIRP QE
Brexit
7.0
6.5
Italy (3.69)
6.5
6.0
6.0
5.5
5.5
5.0
5.0
4.5
4.5
4.0
3.5
D
3.0
2.5
4.0 6/17
3.5
3.0 6/17
2.5
2.0
2.0
1.5
1.5
1.0
1.0
.5
.5
.0
.0
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
D = ECB President Mario Draghi pledged to do "whatever it takes" to defend the euro (7/26/12). NIRP = negative interest-rate policy (6/5/2014). QE (1/22/15). QEE = expansion and extension of QE (3/10/16, corporate bond purchases started 6/1/16). Source: Financial Times.
Figure 4.
50
50
EUROZONE: GOVERNMENT 10-YEAR BOND YIELDS
45
(percent, daily)
45
40
D
NIRP QE QEE
40
35
35
30
Yields
30
Greece (4.0)
Ireland (2.3)
25
Portugal (2.7)
25
20
20
15
15
10
10
5
6/17
5
0
0
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Note: D (7/26/12) = ECB President Mario Draghi pledged to do "whatever it takes" to defend the euro. NIRP (6/5/2014) = negative interest-rate policy. QE (1/22/15) = quantitative easing. QEE (3/10/16) = expansion and extension of QE with corporate bond purchases started 6/1/16. Source: Financial Times.
Page 2 / June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
European Government Bond Yields
Figure 5.
400
400
EUROZUOS NE: GOVERNMENT 10-YEAR BOND YIELDS Election Day (basis points, daily)
Italian BrexRiteferendum
300
Yield Spreads
with Germany
Italy (202.0)
300
UK (82.0)
France (54.0)
200
200
100
0
2016
2017
Source: Haver Analytics.
2018
2019
2020
2021
6/17
2022
2023
100
0 2024
Figure 6.
700
700
10-YEAR GOVERNMENT BOND YIELD SPREAD
(basis points, daily)
600
600
500
500
400
Spain-Germany (112.00)
400
300
300
200
200
100
6/17
100
0
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Page 3 / June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
European Government Bond Yields
Figure 7.
5.0
EUROZONE: GOVERNMENT 10-YEAR BOND YIELDS
4.5
(percent, daily)
4.0
3.5
3.0
5.0
4.5
France (2.20)
Germany (1.65)
4.0
Japan (0.23)
Sweden (1.92) UK (2.50)
6/16
3.5
US (3.28)
3.0
2.5
2.5
2.0
2.0
6/17
1.5
1.5
1.0
1.0
.5
.5
.0
.0
-.5
-.5
-1.0
-1.0
-1.5
-1.5
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Figure 8.
6.5
6.5
UNITED KINGDOM: 10-YEAR GOVERNMENT BOND YIELD
6.0 (percent, daily)
6.0
5.5
5.5
5.0
5.0
4.5
4.5
4.0
4.0
3.5
3.5
3.0
3.0
2.5
6/17
2.5
2.0
2.0
1.5
1.5
1.0
1.0
.5
.5
.0
.0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Page 4 / June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
European Government Bond Yields
Figure 9.
6
6
FRANCE: 10-YEAR GOVERNMENT BOND YIELD
(percent, daily)
5
5
4
4
3
3
6/17
2
2
1
1
0
0
-1
-1
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Figure 10.
6
GERMANY: 10-YEAR GOVERNMENT BOND YIELD (percent, daily)
5
6 Latest (1.67)
5
4
4
3
3
2
2
6/17
1
1
0
0
-1
-1
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Page 5 / June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
European Government Bond Yields
Figure 11.
45
45
GREECE: 10-YEAR GOVERNMENT BOND YIELD
(percent, daily)
40
40
35
35
30
30
25
25
20
20
15
15
10
10
5
6/17
5
0
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Figure 12.
16
16
IRELAND: 10-YEAR GOVERNMENT BOND YIELD
(percent, daily)
14
14
12
12
10
10
8
8
6
6
4
4
2
6/17
2
0
0
-2
-2
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Source: Haver Analytics.
Page 6 / June 17, 2022 / European Interest Rates
Yardeni Research, Inc.
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- s p global bond futures index series
- asset allocation diversification 20 years of the best
- u s treasury 20 year bond index idcot20
- what are rsa bonds
- european interest rates
- asx 20 year treasury bond futures
- series i savings bond earnings rates effective
- 20 year treasury bonds futures
- ishares 20 year treasury bond etf tlt
Related searches
- best mortgage interest rates available
- calculating interest rates on loans
- personal loan interest rates today
- i bond interest rates today
- auto interest rates by credit score
- savings bond interest rates chart
- interest rates on i bonds
- interest rates on toyota vehicles
- interest rates for toyota financing
- i bond interest rates current
- gm financial interest rates 2019
- 6 interest rates on investments