XJO 0.55% 7,629.0 s&p/asx 200

German bonds (and some DAX). Long term German term structure:...

  1. 616 Posts.
    German bonds (and some DAX).

    Long term German term structure:
    TS 1.png

    From the long end:

    TS 2.png

    Short term view from July '14:

    TS 3.png

    Using the same time frame, but a bird's eye view with DAX superimposed.

    TS vs DAX.png

    Seeing that bonds (prices) now seem to go up now regardless of equities or oil, one has to question whether inflation (expectations) alone will be enough to pull them back.  Maybe the recent disconnect between fixed income and equities is all about the british referendum... If it's a 'leave' vote and equities tank, we might see some truly crazy yields.

    Current German yield curve (as of 10/6/2016):

    G yield.png
 
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