Listen Top Shows Blog

Macro Strategy Views: What’s next for Europe and European yields?

Macro Strategy Views: What’s next for Europe and European yields?

Update: 2021-01-18

Share

Description

In today’s podcast, we zoom in on Europe. In 2020, Europe lived up to its old mantra of never wasting a crisis, undertaking far-reaching measures not only on the ECB side but also with regard to national and EU level fiscal policies in response to the COVID-19 crisis. Now one year later, we take stock of the current state of play in Europe: We assess the impact of the second COVID-19 wave, new leadership in Germany’s biggest party CDU, a government crisis in Italy and looming discussions of economic policies on the other side of the crisis. We conclude that both the European Commission and the ECB will go very carefully on a potential exit and see yields in Europe trading in a tight range in 2021, even as we believe US yields should rise further from their current levels.

Head of Global Macro Research Jakob Ekholdt Christensen chairs today’s podcast and he is joined by Chief Strategist on ECB and Fixed Income Research Piet Christiansen.

Comments

In Channel

Macro Strategy Views: China - a time-machine for the global economy?

Macro Strategy Views: China - a time-machine for the global economy?

2021-02-0128:25

Macro Strategy Views - Ineffective vaccines - the biggest tail-risk to the global recovery

Macro Strategy Views - Ineffective vaccines - the biggest tail-risk to the global recovery

2021-01-2529:31

Macro Strategy Views: What’s next for Europe and European yields?

Macro Strategy Views: What’s next for Europe and European yields?

2021-01-1828:15

Macro Strategy Views: Democratic clean sweep opens up for repricing Fed, stronger USD

Macro Strategy Views: Democratic clean sweep opens up for repricing Fed, stronger USD

2021-01-1126:29

Macro Strategy Views: The world in 2021 – faster recovery, higher equities and stronger USD

Macro Strategy Views: The world in 2021 – faster recovery, higher equities and stronger USD

2020-12-0734:21

Macro Strategy Views: Brexit deal likely within a week

Macro Strategy Views: Brexit deal likely within a week

2020-11-3022:20

Macro Strategy Views: ESG credit risk at your doorstep – our framework and sector implications

Macro Strategy Views: ESG credit risk at your doorstep – our framework and sector implications

2020-11-2331:52

Macro Strategy Views: Vaccines, lockdowns and the economy

Macro Strategy Views: Vaccines, lockdowns and the economy

2020-11-1622:32

Macro Strategy Views: The political, economic and financial implications of the US election

Macro Strategy Views: The political, economic and financial implications of the US election

2020-11-0932:15

Macro Strategy Views – Europe’s W, a Biden win and the outlook for markets

Macro Strategy Views – Europe’s W, a Biden win and the outlook for markets

2020-11-0218:51

Macro Strategy Views: Now the hard part - crisis to extend but not escalate

Macro Strategy Views: Now the hard part - crisis to extend but not escalate

2020-10-2626:12

Macro Strategy Views: The short- and long-term consequences of Brexit

Macro Strategy Views: The short- and long-term consequences of Brexit

2020-10-1924:01

Macro Strategy Views: Slower growth, downside risks but higher equities

Macro Strategy Views: Slower growth, downside risks but higher equities

2020-10-1232:01

Macro Strategy Views: How the US election could boost the US economy and equities

Macro Strategy Views: How the US election could boost the US economy and equities

2020-09-2828:42

Macro Strategy Views: Hawkish Norges Bank and FAITing Riksbank

Macro Strategy Views: Hawkish Norges Bank and FAITing Riksbank

2020-09-2128:55

Macro Strategy Views: Inflation at 3% - how to get there?

Macro Strategy Views: Inflation at 3% - how to get there?

2020-09-1430:57

Macro Strategy Views – Reflation, equity rotation and the impact on credit markets

Macro Strategy Views – Reflation, equity rotation and the impact on credit markets

2020-09-0732:55

Macro Strategy Views - No Nordic cliff edge after state support ends

Macro Strategy Views - No Nordic cliff edge after state support ends

2020-08-3123:41

Macro Strategy Views: Is the reflation theme Dead?

Macro Strategy Views: Is the reflation theme Dead?

2020-08-2428:19

Macro Strategy Views: Why equities are not expensive

Macro Strategy Views: Why equities are not expensive

2020-08-1724:31

00:00

00:00

x

Macro Strategy Views: What’s next for Europe and European yields?

Macro Strategy Views: What’s next for Europe and European yields?

Danske Bank