“The outlook for the bond market is still negative. The European recovery is quite strong and we've had an accumulation of hawkish comments from the ECB.”
“We've had an accumulation of hawkish comments from the ECB and the momentum behind the European economy is now quite strong. The picture remains quite negative for the bond markets.”
“We've seen an accumulation of strong numbers and sentiment at high levels in Europe. When we look at the numbers we're pretty confident the ECB will accelerate the pace of rate increases.”
“We're slightly positive on the bond market for now. A rate move is priced in for June but people have given up on the idea of getting anything earlier.”
