Chart of the week - 18 January 2021 | Ostrum Asset Management

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Ostrum Asset Management

Asset management company regulated by AMF under n° GP-18000014 – Limited company with a share capital of 48 518 602 euros – Trade register n°525 192 753 Paris – VAT: FR 93 525 192 753 – Registered Office: 43, avenue Pierre Mendès-France, 75013 Paris – www.ostrum.com

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In sights

The expert magazine of Ostrum AM

The current Italian political crisis is obviously less acute than that of Q2 2018. The very benign reaction of the markets is however impressive. The 10-year spread remained in a 10 bp range.
This owes much to the ECB’s action and is yet another proof that QE is not only about reducing yields but also about compressing volatility.

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