8 Total Quotes

Kornelius Purps Quotes

We had positive inflation data out of Europe, and the U.S. as well. It's the starting point for yields to come down again.
Kornelius Purps
#Inflation

With Italy's history of more than 50 different governments since World War II, it's hard to believe that a government with such a tight majority will have the mandate to implement the structural reforms demanded by the rating agencies.
Kornelius Purps
#Government

It's yet more bad news for GM and we can't rule out the possibility of even worse to come. Given the big sell-off we've had in Treasuries, this is a good time to buy.
Kornelius Purps
#News

Asset liability matching demand from pension funds will support the longer end and assuming the ECB hikes rates aggressively, we might see a flat yield curve by April.
Kornelius Purps
#Support

The central bank is very likely to send a stronger message that rates are going up in the near future, because the economic outlook is getting brighter. This will put downward pressure on the bond market.
Kornelius Purps
#Future

The market is under pressure at the moment, there's no question about that. This means yields at the long end will rise.
Kornelius Purps
#Market

It's becoming harder to believe that the ECB will only raises rates once with confidence high and policy makers sounding hawkish. The short end of the bond market will remain under pressure.
Kornelius Purps
#Confidence

"Yesterday's ECB press conference [November 3, 2005] was great entertainment. Having not heard of Goethe very often in trading rooms as happened yesterday, here's my personal favorite from German philosopher Friedrich Nietzsche that sometimes describes life as a research analyst/strategist: ">Das habe ich getan,Das kann ich nicht getan haben
Kornelius Purps
#Entertainment