Erste Asset Management - Blog

Artikel zu Schlagwort: recovery
Gerhard Winzer am 10th April 2017

Reflation trade comes to an end

(c) iStock

The markets were consolidating in March. The global equity index, the spreads for credit risk, and the yields of risk-free government bonds have been going sideways. Before that, the risky asset classes had recorded remarkable price increases, while risk-free bonds had incurred losses. Has the so-called reflation trade, i.e. the positioning towards rising nominal economic growth, come to an end?
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