Detail Whatever Floats Your Boats; Gilts as a Safe Haven for Investors   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8748 (Aug. 2011), page 44-45. Topik: Bond Markets; Interest Rates; Budget Deficits; Economic Policy Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Market squalls have tossed some of the bigger vessels in the euro-zone flotilla, including Italy and Spain. Nervous investors are jumping instead into some of Europe's outlying bond markets, such as Sweden, Denmark--and Britain. Although an unlikely haven because of its weak economy, huge private debts, high inflation and swollen deficit, Britain's ten-year bond yield--i.e., the price the Treasury must pay to borrow money for a decade--fell to a record low of 2.2% this month. Plunging bond yields are not grounds for great cheer. In part, they reflect a fearful retreat from riskier equities and an expectation that low interest rates as a medicine for a sick global economy will be around for a while. But the chancellor of the exchequer, George Osborne, has been quick to claim that the drop in the government's borrowing costs indicates the markets' confidence in his deficit-reduction plan. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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