Investments

Is it time for something new from the world's central bankers?

Thursday 4th of September 2014

As is perhaps now a tradition, many financial market participants began 2014 expecting a global economic recovery and rising bond yields. The Bloomberg consensus forecast for the closely watched US 10-year Treasury bond yield at year end was 3.4%. As it transpired, though, while the UK economy did expand by an impressive 1.6% in real terms over the first six months of the year (although even mu...

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