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Free money in bond markets shows global economy still struggling: Citi
Published Tue, Jan 6, 2015 · 09:50 PM
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London
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 Inc.
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