UBS | The recent fixed income sell -off has seen the proportion of developed market sovereign bonds trading in negative yielding territory drop to 34%. This compares to 40% at the end of June. Still, 34% is more than twice the level observed at the end of 2015.
Deutsche Bank (DB)’s current share price (-41.2% in the year so far) is probably already discounting the stock’s serious uncertainties and weaknesses. But at the same time, there seems to be increasingly less negative sentiment towards banks in the EMU.
Danone is a French food and agriculture company, headquartered in Paris. It has four business divisions: (i) Fresh dairy products (49% ventas), (ii) Waters (23%), (iii) Early Life Nutrition(21%) and (iv) Medical Nutrition (7%).