This month we are focussing on funding level deficits

17 January 2017

Welcome to the latest issue of our Monthly Market Commentary.

The January issue provides a market review up until 31 December on the following topics: 

  • Equity: Equity markets end an eventful year on a positive note;
  • Credit: Bond spreads continue to contract amid rotation towards risky assets ;
  • Nominal Yields: Gilt yields fall again over December and end the year sharply lower;
  • Inflation: CPI inflation reaches 1.2% in November;
  • Real Yields: Real yields decrease;
  • Comment: Reducing funding level deficits - who bears the ultimate responsibility? 


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