EUR rates
France: a crisis in slow motion?
The repricing of global yields has also eased the pressure on French sovereign spreads somewhat, but it does not solve structural debt sustainability issues.
Exclusive Fixed Income Strategy: Belgium on the backfoot
Belgium’s coalition has failed to agree the 2027 budget, but a renewed agreement still looks more likely than elections.
The ECB prepares a December hike, and a hold after that
The ECB decided to leave policy unchanged. The ECB signals that December hike is likely, and that this may be the last in the cycle.
Exclusive Inflation hedging back on the table?
Recent Dutch pension reforms have changed how the indexation of benefits, hedging of interest rate risk, and inflation exposure of assets interact
The ECB has no reason to accelerate its hiking cycle
Inflation continues to be the ECB’s main concern, but it doesn’t urgently require another hike. We expect the ECB to leave the policy rate at 2.50% next week.
Global Daily: Hey chat, fix my finances
European equity indices fell sharply yesterday, pacing gains in sovereign yields for France, Italy and Greece...