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  • Thoughts on low yields

    Posted on 14 April, 2013 by Robert Pullan in Debt, Economics.


    Low gilt and corporate bond yields have been with us for some time now: since 1994, 1998, 2003, 2009 …. Take your pick! How much longer? This thought piece goes back in history to the years 2000 to 2002 and looks at events in the context of writings from that period. Without once saying Japan or QE!


    (Picture of Paul McCulley courtesy Mauldlin Economics)

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