Sotheby's Says Prime Paris Luxury Homes Booming
Aug. 6 (Bloomberg) -- Sotheby’s International Realty says the market for luxury homes in Paris in the 5 million euros-and-above bracket is booming. Eric Coleman reports on Bloomberg Television's "The Pulse." (Source: Bloomberg)
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Why the BOE is Finding Corporate Yields Tough
55:10 - Long-term sterling bonds suggest investors are quickly losing confidence in the Bank of England’s ability to support debt markets through the U.K.’s departure from the European Union. Holders have lost about 10 percent in as little as seven weeks on long-dated notes issued by Vodafone Group Plc, British American Tobacco Plc and WPP Plc. The bond sales took place after the central bank announced plans in August to buy corporate debt, sparking investor optimism. The mood has since soured because of concerns about a so-called hard Brexit, sterling’s tumble and the outlook for inflation. JPMorgan International CIO of Fixed Income Nick Gartside discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."