0513 GMT - The two-year Norwegian government bond at a yield close to 5% does look attractive for investors, Danske Bank's Jens Peter Sorensen says in a note. "We expect that Norges Bank has reached the peak on monetary policy at 4.5%," the chief analyst says. Norges Bank raised its key policy rate by 25 basis points to 4.50% in September. "Hence, we recommend focusing on the two-year rather than the 20-year [bond] at the auction," he says. On Wednesday, Norges Bank will auction 3 billion Norwegian kroner in April 2028- and September 2046-dated bonds.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.