Global bond markets to Reserve Bank: There is no inflation
A record low yield in the US sends an emphatic message that investors aren't expecting any inflation for a very long time. With special feature audio.
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Hawke’s Bay
As the Reserve Bank struggles to understand why inflation keeps undershooting its forecasts, international bond markets have sent it a resoundingly clear message: There is no inflation.
Earlier this week, for the first time, Germany sold 10-year bonds to investors at a negative interest rate of
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Jenny Ruth
Fri, 15 Jul 2016
Fri, 15 Jul 2016
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