bonds
February in Figures
February 28, 2019
Sterling and the dollar strengthened during February. Ten-year sovereign debt yields rose slightly more sharply in the month than their counterparts in the other countries featured in the table below, but none of the central bank rates among them were changed. Equities in most of the places continued to recover, although not as much as […] More
August in Figures
August 31, 2018
Many stock markets performed well in August as such had in July. Exceptions were those in the U.K., Switzerland, and Canada. The yen and Swiss franc rose against the dollar, which otherwise advanced against the other currencies examined in this monthly feature. The dollar also strengthened 33% against the Turkish lira during August. The Bank […] More
May in Figures
May 31, 2018
The dollar rose over 3% in May against the euro and sterling and by about 1% against the yuan and Canadian dollar but slipped fractionally relative to the yen, loonie and Australian dollar. Ten-year sovereign debt yields had risen in April but declined in May. Share prices rose in the U.K., Canada and United States, […] More
April in Figures
April 30, 2018
The dollar experienced its strongest month of 2018 in April, so naturally U.S. share prices under-performed equities in other countries. An upward grind in long-term interest rates continued and was considerably more pronounced in the United States and Canada than in Europe or Japan. Three-month interest rates rose slightly, except in Japan where such dipped […] More
February in Figures
February 28, 2018
February was unlike January. The dollar had declined across the board in the first month of 2018, but declined, except against the yen, during February. Likewise, share prices performed well in January but experienced a difficult February, including the biggest U.S. monthly drop in just over two years. Stocks were spooked by speculation that the […] More
January 2018 in Figures
January 31, 2018
The euro ranged from a low of $1.1914 to a high of $1.2583 in January, averaging $1.2195 in the month and closing 3.4% stronger than its end-2017 level. Against the yen, the dollar ranged between JPY 113.41 and JPY 108.28 during the month, with a mean value of JPY 110.92 and a 3.1% net drop […] More
November in Figures
November 30, 2017
The dollar fell mostly during November, constituting a change in direction from movements in October. Nonetheless, U.S. stocks recorded impressive gains just as they had the month before. Japanese share prices also climbed sharply in November, but many European stock markets declined. Investors became more confident that the Federal Reserve would hike interest rates in […] More
October in Figures
November 1, 2017
Whereas September had experienced upward pressure on long-term interest rates, October had a slight downward bias. The rhetoric after central bank meetings in Japan and Euroland was a bit more dovish than expected, leaving an impression there will not be an initial interest rate hike in 2018 by either. Stock markets performed will during October, […] More
September and Third Quarter in Figures
October 1, 2017
The Fed, ECB, and BOJ did not change monetary policy during the third quarter, so short-term interest rates were very stable. But more hawkish talk from the Fed and ECB, a surprise Bank of Canada rate hike, and higher British inflation lifted longer-term rates in those economies during the quarter. A mixed dollar in August […] More
August in Figures
August 31, 2017
Ten-year sovereign debt yields feel pretty much in tandem during August except in Japan where the drop was less sizable but consistent with the Bank of Japan’s target. Short-term interest rates remained low and well anchored by ultra-loose monetary policy stances. The dropped significantly against the Chinese yuan and marginally against traditional “hard currencies” like […] More
