Annonce

Log ud Log ind
Log ud Log ind
Finans

Danske: Er negative renter på vej i USA?

Hugo Gaarden

mandag 11. maj 2020 kl. 13:00

Det amerikanske marked er begyndt at indregne muligheden af negative renter, selv om centralbankens formand hidtil har afvist det. Der kommer måske en udmelding om det fra Fed på onsdag.

Uddrag fra Danske Bank:

In the US fixed income market the treasury curve continues to steepen. The short end (2Y) is kept low as markets price in ‘low for longer’. Furthermore, last week for the first time markets started to price in a probability of Fed funds moving below zero, despite Powell clearly dismissing NIRP as late as March.

Powell will hit the wires on Wednesday when he discusses current economic issues in a webinar. The long end of the curve on the other hand is pushed higher by the better risk sentiment and not least by the wave of new long-end issuance the coming months. Bond traders have recently been surprised that the US treasury will rely more on long-end issuance than previously expected.

In the US Trump tries to convince people that it is safe to go back to work as the unemployment rate jumped to 14.7% and more than 20 million people lost their jobs in April. However, the virus has now literally infected the White House and the Vice President has self-isolated from the White House after his press secretary Katie Miller on Friday was diagnosed with COVID-19. Katie Miller is married to Stephen Miller who is part of Trump’s inner circle and the main architect of Trump’s immigration policy.

The US equity market had a strong Friday as the labour market report was slightly better than feared and analysts pointed to a large number of temporary lay-offs indicating a quick labour market recovery when the lockdown ends. The market also welcomed news that China-US trade representatives discussed the phase-1 trade deal. The positive sentiment has been sustained overnight with equity futures in green. Nikkei is up 1.5% this morning.

Tilmeld dig vores gratis nyhedsbrev
ØU Top100 Finansvirksomhed

Få de vigtigste om bank, realkredit, forsikring, pension
Udkommer hver mandag.

Jeg giver samtykke til, at I sender mig mails med de seneste historier fra Økonomisk Ugebrev. Lejlighedsvis må I gerne sende mig gode tilbud og information om events. Samtidig accepterer jeg ØU’s Privatlivspolitik.

Du kan til enhver tid afmelde dig med et enkelt klik.

[postviewcount]

Jobannoncer

Grønborg: Bankernes rejse nærmer sig afslutningen
Udløber snart
Forretningsudvikler til Pension og Formue
Pension, Formue
Aabenraa
Grønborg: Bankernes rejse nærmer sig afslutningen
Udløber snart
Formuerådgiver
Formuerådgiver
Midt- og Nordjylland
Grønborg: Bankernes rejse nærmer sig afslutningen
Udløber snart
Afdelingsdirektør for forretningsudvikling Private Banking
Private Banking
Aabenraa
Grønborg: Bankernes rejse nærmer sig afslutningen
Udløber snart
Formuerådgiver
Formuerådgiver
Region hovedstaden og Sjælland
Generalsekretær i Folkekirkens Nødhjælp
Region Hovedstaden
ØKONOMIMEDARBEJDER – Carlsbergfondet
Region Hovedstaden
Regnskabsassistent til Pharma Nord
Region Syddanmark
Kontorchef for økonomi, analyse og kunder i Færdselsstyrelsen
Region H
DIGITALISERINGSCHEF – Muskelsvindfonden
Region H
Direktionskonsulent med flair for økonomi og udviklingsprojekter
Region Sjælland

Mere fra ØU Finans

Log ind

Har du ikke allerede en bruger? Opret dig her.

FÅ VORES STORE NYTÅRSUDGAVE AF FORMUE

Her er de 10 bedste aktier i 2022

Tilbuddet udløber om:
dage
timer
min.
sek.

Analyse af og prognoser for Fixed Income (statsrenter og realkreditrenter)

Direkte adgang til opdaterede analyser fra toneangivende finanshuse:

Goldman Sachs

Fidelity

Danske Bank

Morgan Stanley

ABN Amro

Jyske Bank

UBS

SEB

Natixis

Handelsbanken

Merril Lynch 

Direkte adgang til realkreditinstitutternes renteprognoser:

Nykredit

Realkredit Danmark

Nordea

Analyse og prognoser for kort rente, samt for centralbankernes politikker

Links:

RBC

Capital Economics

Yardeni – Central Bank Balance Sheet 

Investing.com: FED Watch Monitor Tool

Nordea

Scotiabank