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QBE Insurance Group (QBE) $15.23

We continue to like the recovery profile of QBE, and although it’s faced with the headwind of declining bond yields over recent months, the recent readjustment by money markets looks capable of taking the insurer back above $16.

  • We can see QBE punching to fresh highs as markets pull in their dovish bets, but we would fade such a move.
QBE
MM is cautiously bullish towards QBE in the short-term
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QBE Insurance Group (QBE)
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