In the recent years Danish companies have increasingly acquired foreign companies and vice versa. The size of some company acquisitions surpasses the daily turnover in the foreign exchange market for kroner. A case study in this Economic Memo shows that large company acquisitions have not...

In the years leading up to the pandemic, the yield spread between Danish and German sovereign bonds was roughly zero across maturities. In March 2020, the spreads widened and have stayed positive since. This memo investigates the drivers of the 10-year yield spread, which has widened 25 basis...