• 760 days Will The ECB Continue To Hike Rates?
  • 761 days Forbes: Aramco Remains Largest Company In The Middle East
  • 762 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,162 days Could Crypto Overtake Traditional Investment?
  • 1,167 days Americans Still Quitting Jobs At Record Pace
  • 1,169 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,172 days Is The Dollar Too Strong?
  • 1,172 days Big Tech Disappoints Investors on Earnings Calls
  • 1,173 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,175 days China Is Quietly Trying To Distance Itself From Russia
  • 1,175 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,179 days Crypto Investors Won Big In 2021
  • 1,179 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,180 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,182 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,183 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,186 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,187 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,187 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,189 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  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