The rise of the Chinese renminbi (RMB) and its increasing importance in cross-border trades has accelerated since the Great Financial Crisis hit the west in 2008-2009. Since then, the US economy has experienced a number of problems in the long-term … Continued
During the last two decades, the European sovereign bond market has been driven not only by the converging mechanism of its common currency, but by the centrifugal forces of trade imbalances and unequal sovereign credit capacity also. The Eurozone government … Continued
Over the last five years, fears over a Greek debt and a financial contagion spreading to PIGS countries have dominated Euro Bond markets. Looking into 10 year bond price correlations across the same period, we are able to observe that, … Continued