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Free money in bond markets shows global economy still struggling: Citi

Wednesday, January 7, 2015 - 05:50


THE world's richest nations are borrowing for free.

Taken together, the average 10-year bond yield of the US, Japan and Germany has dropped below one per cent for the first time ever, according to Steven Englander, global head of G-10 foreign exchange strategy at Citigroup

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