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Denmark tests extreme ‘mortgage pricing’

Bloomberg Danes may soon be able to get 30-year home loans at just 1.5 percent. That’s considerably less than many sovereign states pay to borrow for that period, including the US government. It’s not the first time Denmark’s mortgage-backed covered-bond market — the world’s biggest — has tested such extreme levels. It tends to occur when investors from Germany to ...

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AfD is a Rorschach test for Germany’s politics

Armin-Paulus Hampel, a former journalist and commentator who now is a member of the Bundestag, is ebullient, affable, opinionated, voluble and excellent company at lunch. But because his party is Alternative for Germany (AfD), one wonders whether he is representative of it, and whether he is as congenial politically as he is socially. AfD is a Rorschach test for observers ...

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Sainsbury becomes UK’s sick grocer

Britons tucked into J. Sainsbury Plc’s value-priced turkey crowns, costing 9 pounds, over the festive period. But its disappointing performance risks turning the group itself into the feast for Britain’s other big supermarkets. Sainsbury said like-for-like sales across the group fell 1.1 percent in 15 weeks to January 5, missing analysts’ expectations for a 0.3 percent decline. True, the reporting ...

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