Kornelius Purps Quotes

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

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The ECB has signaled that if there was any risk inflation expectations would run away, they would contain them. With this central bank rate-hike cycle, it may lead to a flat yield curve by April. - Kornelius Purps

In the near term, the gilt market will react to any economic data release that helps shape investors' BOE view. The annual growth figure was lower than expected, showing continuation of declining growth. - Kornelius Purps

The substantial upward revisions of the staff forecasts imply more rate hikes to come. The market is absolutely right to price in a June rate hike. - Kornelius Purps