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When two and four point to seven

Tuesday, September 13, 2016 - 05:50
39825689 - 12_09_2016 - ECB-BANKS_LOANS.jpg
Two, four, and seven: These are numbers bandied around in negative-yielding Europe that partly explain the recent surge into emerging markets assets and riskier high-yield bonds.

Frankfurt

TWO, four, and seven: These are numbers bandied around in negative-yielding Europe that partly explain the recent surge into emerging markets assets and riskier high-yield bonds.

For example, a senior Allianz Global Investors bond manager expects US rates to eventually

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