Bond markets, both corporate and government, are being affected by the determination of the central ...
Bond markets, both corporate and government, are being affected by the determination of the central banks of the US, UK and Europe to act pre-emptively against inflationary pressures. Although inflation rates in the major economies are currently very low, there have been multiple warnings of pressures beginning to build within the global economic system. In the US, we have seen a further 0.25% interest rate increase this month, and Alan Greenspan has again expressed concerns about the buoyant equity market fuelling unsustainably strong consumer demand. In the UK, despite an inflation ra...
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