“Allianz SE (ALV), Europe’s biggest insurer, said low interest rates have caused a bubble in the government bond market and may do the same to equities unless central banks tighten monetary policy.
“We have a bubble in sovereign debt, looking at German Bunds, with central banks flooding the markets with liquidity,” Maximilian Zimmerer, management board member in charge of finance and global life insurance, told reporters at an event in Frankfurt today.”
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