The July 2018 edition of the Bundesbank’s Monthly Report describes the ownership structure and the main drivers of yield movements in the market for Federal securities, and discusses the rebalancing of the Chinese economy as well as its international implications. It also includes an article on trends in the financing structure of German non-financial corporations as reflected in the corporate financial statement statistics.

The April Monthly Report illuminates the fundamental theory and evolution of metrics used to measure equity market levels, besides shedding light on the Phillips curve and its use in analysing prices and projecting inflation rates in Germany.

The July 2015 Monthly Report contains an article on slower growth in emerging market economies and describes the adjustment patterns of enterprises in the German labour market during the Great Recession based on selected results of a special survey.