Central Bank Watch
Bank of Korea
February 23, 2017
South Korea’s central bank retained a 1.25% Base Rate as was expected. That’s been the level for the past eight months. A 25-basis point reduction in June 2016 broke a one-year-long period with no change. Four 25-bp reductions had been implemented in August and October of 2014 and then March and June of 2015. A […] More
New Overnight Developments Abroad - Daily Update
Sovereign Debt Yields Fall Further Despite FOMC Minutes
February 23, 2017
10-year sovereign debt yields are down 5 basis points in The Netherlands, 4 bps in France (helped by a Macron/Bayrou political agreement to support one another against the Far Right), 3 bps in Britain, and 2 bps in the U.S. and Germany. Minutes from the FOMC meeting of January 31/February 01 reveal a widely held […] More
