Central Bank Watch
Swedish Riksbank Signals Likely Unchanged Repo Rate until 1Q14
February 13, 2013
The six-person Executive Board of Sweden’s central bank left its 1.0% repo rate unchanged and released a statement with the following future rate guidance: The low interest rate supports economic activity so that inflation will rise towards the target of 2 per cent. The repo rate is expected to remain at this low level for […] More
New Overnight Developments Abroad - Daily Update
Higher Bund and Gilt Yields
February 13, 2013
The yields on 10-year sovereign German and British debt jumped by six and ten basis points overnight. The 10-year Japanese JGB yield slipped a basis point, but futures point to a higher yield in U.S. Treasuries. The yen strengthened to 92.81 per dollar overnight but is presently 0.2% softer on balance at 93.64. The U.S. […] More
