sovereign-bond

Beyond a crisis resolution regime, any sustainable solution path would have to start with the creation of a single European sovereign bond.

Contagion between sovereign bond markets can only be stopped if there is a central bank willing to be lender of last resort.

But once this changed, sovereign bond yields began to diverge rapidly.

But this good news is still offset by the continued crisis in sovereign bond markets.

As of last week, the eurozone no longer had a functioning sovereign bond market.

A dropoff in trade finance from European banks writing down the value of their sovereign-bond holdings would worsen the impact.

The euro zone is a multi- tiered economy and a multi- tiered sovereign bond market .

The surge in private savings in the wake of the economic crisis has masked big changes in the rich world's sovereign-bond markets.

Emerging market international sovereign bond issuance has soared to $50bn since the turn in the markets in March, according to Dealogic.

A glance across Asia suggests that developing deeper, more liquid, sovereign bond markets is a huge, multi-decade task.

Last week, Vietnam raised $750m from its first sovereign bond issue, but far more will be required in the years to come.

E-bonds would halt the disruption of sovereign bond markets and stop negative spillovers across national markets.

Nevertheless, the widening in sovereign-bond spreads in recent months is justifiable.

Neither the Irish rescue package nor Portugal's request for one did anything to calm sovereign bond markets.

This will present a range of bold policies that address the problems in sovereign bond markets.

Beijing is taking bids this week for its second offshore sovereign bond issue denominated in yuan.

Sovereign-bond yields are low because private demand for capital is weak.

Very strong demand for Indonesia's $2. 5bn sovereign bond last month was yet another sign of Asia's strength in the eyes of investors.

Italy has the euro zone's largest sovereign bond market, with public debt of 1. 8 trillion euros, 120 percent of GDP.

As a result, the regulators hoped, sovereign-bond prices would come back somewhat and banks wouldn't face pressure to sell.

Mr Weber too was known to oppose the ECB's policy on sovereign-bond intervention, at that time on behalf of Greece.