All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
SSA

European inflation sizzle set to fizzle

Euros_versus_dollars_Adobe_575x375_100220

Eurozone inflation leapt up in January, steepening curves and fuelling feverish demand for long-end bond issues. But the move lacks the vigour and commitment of the US reflation trade and economists expect it to subside later in the year. As Lewis McLellan reports, with no prospects of higher rates, investors will be pushed into longer and longer debt maturities as they attempt to lock in positive yields.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree