COLUMN-Still sinking sub-zero real yields pose a puzzle for policymakers :Mike Dolan - NewsBreak
By Vivian in Business
Updated 3 years ago
LONDON, Oct 29 (Reuters) - Have policymakers and bond markets both lost the plot?. As inflation expectations mount, long-term 'real' bond yields are sinking further below zero, despite G7 central banks turning more hawkish on withdrawing super-easy pandemic settings and sending markets scrambling to price higher interest rates. That is...