Shorter-maturity US bonds regain appeal

AXA REPORT - One possible evolution of the fixed income cycle is one in which real rates and yields rise on the back of robust growth and appropriate monetary policy intervention in response to mounting pressures…

The conversion into shares of subordinated bonds held by retail and the 5 billion euro capital increase of Monte dei Paschi kick off today: if the operation does not achieve the objective, the Treasury will intervene with a decree of 15 billion…

The markets are nervous, however this is more a matter of sentiment than fundamentals. We could see some improvement in growth in the second quarter.
Axa: ready to support the recapitalization of Mps

The president and CEO of the French insurance giant said he was ready to contribute to the recapitalization of Mps, declaring himself confident about the new course taken by Profumo and Viola - On Italy: "I respect Enrico Letta a lot. In 2013 we invested 2 billion…