MAP20200017219Basco Carrera, Jordi Lower for longer : COVID-19 to weigh on interest rates / Jordi Basco Carrera, Patrick Krizan, Eric Barthalon. — Paris ; Munich : Euler Hermes : Allianz, 202011 p.
. — (Allianz Research)Sumario: In the wake of Covid-19, developed market´s long-term yields have fallen significantly. However, market participants seem uncertain how to integrate the ensuing massive fiscal and monetary easing in their medium-term rates expectations. Our proprietary long-term sovereign yields model points to a persistently low interest rate environment over the few years; the massive, prolonged intervention of central banks on global government bonds will remain a major factor1. COVID-19. 2. Pandemias. 3. Tipos de interés. 4. Mercados financieros. 5. Perspectivas económicas. 6. Valoración financiera. 7. Prima de riesgo. 8. Rendimiento. 9. Inflación. 10. Bonos. I. Krizan, Patrick. II. Barthalon, Eric . III. Euler Hermes. IV. Allianz. V. Title.
