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Cross Asset Investment Strategy, CIO Views,

Back to school. Back to normal?
Pascal Blanqué, Group Chief Investment Officer, Vincent Mortier, Deputy Group Chief Investment Officer
Amundi Asset Management,  September 2019

"Investors’ search for safety pushed core bond yields to unprecedented low levels, with yield on the 30-year German bunds turning negative for the first time ever. The US yield curve inverted for the first time since 2007, with yields on 2y note rising above those on the 10y bond. There are three main factors, in our view, behind this summer malaise."