• 6 hours What Does CHina’s EV Slowdown Mean For The Battery Metals Sector?
  • 22 hours COVID Report Cards Will Brand Businesses Forever
  • 1 day Trump Tweet Sends Oil Soaring 25%
  • 2 days Why The Coronavirus Economic Crash Is Worse Than You Think
  • 2 days Is A Global Currency Necessary?
  • 3 days America Has Shed 500,000 Millionaires Since The Coronavirus Lockdown Began
  • 3 days Trump Wants Another $2 Trillion Economic Intervention
  • 4 days The Surprising Businesses Deemed “Essential” During The Coronavirus Lockdown
  • 4 days Priceless Van Gogh "Spring Garden" Painting Stolen
  • 4 days Oil Falls To $20 For First Time In Nearly Two Decades
  • 4 days COVID-19 Could Be The End Of U.S. Coal
  • 5 days How Much Does Your Social Security Number Cost? $4 On The Dark Web
  • 6 days Silver Stocks Have Been Decimated In The Coronavirus Sell-Off
  • 7 days How Blockchain Tech Could Make Mergers And Acquisitions More Efficient
  • 7 days America’s Shortage Of This Metal Keeps Trump Up At Night
  • 8 days Bidet Bonanza: Defying The Toilet Paper Shortage
  • 8 days U.S. Auto Sales Fall By 75%
  • 9 days Violating Quarantine? Big Brother Is Watching
  • 9 days Does Gold Still Have Some Room To Run?
  • 9 days Major Acquisition Gives The World’s First Green Ride-Share Another Edge
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

How Long Will It Take for the ECB to Own All Sovereign Debt of Spain, Germany, France?

Huky Guru on Guru's Blog posted a chart that answers the question: How Long Will it Take For the ECB to Own All Sovereign Debt of Eurozone Countries?

Debt relief via QE

At the current rate of purchase of sovereign bonds the ECB will have have purchased all sovereign debt issued by Spain in 9 years and Germany in 8.8 years.

Bond Market Distortion

Bond Market Distortion

Distortion in the corporate bond market has picked up since the ECB has started buying corporate bonds. The above chart shows a comparison between the yields of bonds eligible to be purchased by the ECB and bonds with the same rating in the same sector that are not eligible for the ECB.

Corporate bond yields have collapsed across the board since the ECB's announcement, but even more so for eligible bonds.

Also consider ...

 

Back to homepage

Leave a comment

Leave a comment